Recent content by chris1000

Thanks Terry, I live in QLD so I understand that I will have to pay stamp duty. Im working on the basis that as I would only be transferrring 50% to my wife that I would only pay Stamp Duty on $400k - rather than the whole value (800k) of the house - is this correct? Unfortunatley to late to...

yes agreed that is the most obvious solution, as I would be taking out a new I/O loan on the ppor to convert to IP and also fund new ppor would it be an issue if the title changed names a month after the loan was taken out - would this incur a cost?

Im looking to convert my ppor to an IP and trying to establish the best ownership structure. I currently am the only name on the title of the property and its worth $800k with a $400k P&I loan outstanding. I understand that if I refinanance to $800k I/O loan then I can only claim tax back on...

Hi All, Im looking to convert my PPOR to an IP, however to obtain the full tax benefits need to transfer the title to my wifes name. I understand that this will mean I will have to pay Stamp Duty however have worked it into the calculations - all ok. On the same day that I would transfer the...