Strategy: Buying Investment Properties in 1 name only

Discussion in 'Investment Strategy' started by Terry_w, 9th Nov, 2015.

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  1. Neell

    Neell New Member

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    20th Jul, 2018
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    Sydney
    Hi Peter,

    I didn't mean to be rude. I'm sorry if it sounded that way. I really appreciate all the people who collaborate in this group.

    And you are right, few months ago, I also thought that I could get the first home buyer benefits twice .

    Peter, do you know if I can buy my PPOR under single name?

    Thanks in advance.
     
  2. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

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    18th Jun, 2015
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    Melbourne, Nationwide
    I was also trying to apologise for sounding rude. :)

    Yes you can buy a PPOR under a single name, I have a lot of clients who do this for many of the reasons that Terry initially outlined. It's usually something like forward tax planning (the PPOR might become an IP someday), but there's plenty of reasons why you might apply ownership strategies to a PPOR.

    Best to get some specific advice to your circumstances if you're thinking of doing something interesting.

    It's not a big deal from the finance perspective, but it's fairly rare that ownership structure improves serviceability overall. Usually it's the opposite.