I am looking for the best option to sell IP1 and keep it at the same time to release its equity to pay down my PPOR. The IP1 in question is owned by me and by transferring to the wife will incur stamp duty and CGT. The PPOR is owned jointly by both of us. My plan was to sell this IP1 around 5 years from now however I am being pressure by the wife to reduce our debt particularly in these uncertain economic times. I understand that we would just be moving debt from one place to another along with additional duties/taxes being added, however it could be the best option to allow PPOR debt to be reduced while still holding onto the IP1 for another 5 years. By transferring the IP1 ownership to the wife would also reduce land tax threshold as I have 2 properties. IP2 would be in my name still and the other IP1 in her name. CGT could also be reduced when we sell this IP1 in 5 years time as her income tax rate is lower than mine. So the sum of CGT due to the transfer now + CGT paid upon sale in 5 years would be less than if this property stayed in my name and sold in 5 years. Does this sound right?