Hi, Could I get some advise. I have a PPOR (paid off) and an IP (with loan). My problem started when I bought my IP, I put in too much of my own cash as oppose to borrowing more. (Which the bank would be happy to give me). Few years later, now I have decided to knockdown and rebuild my home. However I need to borrow some $$ to finance this project. Since is not for Investment is not tax deductible. A plan would be if the IP were to be owned 50/50 share between my wife and myself. I just get her to sell me 20% of the her share. Then I could increase the loan of my IP. (In VIC, no stamp duty payable for husband and wife, I only have to pay for solicitor fees etc. to do this). However Unfortunately for me. The share is not 50/50, it was set up as 95/5. LOL. Could I then sell 20% of my share to my wife. (No bank loan involved. just a "formality" transfer ) And then almost immediately my wife will sell me back the 20% of the share. I will get a loan to pay for this 20% share. I understand CGT is payable especially in the 1st transaction. Since the property price has increased. In Short, basically I'm looking at increasing my existing IP loan so that I have more $$$ for my home rebuilding. Is this doable? Thanks.