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  1. J

    Sharing with sibling for first property - advise needed

    Hi Marg, On paper it would belong to her but if I help out with the repayments, we agree to split whatever capital gains/ equity in the future between ourselves. I know it must sound silly but i'm not sure if there's a better way to do it... :confused: Come to think of it the FHS account...
  2. J

    Sharing with sibling for first property - advise needed

    No benefit in being the lead tenant. Only that she earns much more than me so we were trying to go down the way of her taking out the loan. On paper, it would be her name but really we would be sharing the repayments. It would be less for her as the other room will be rented out to a 3rd party...
  3. J

    Sharing with sibling for first property - advise needed

    Hi Steve, Thanks for the advice. But she is only a resident and not a citizen of NZ so I think that pretty much cancels out any chance of us splitting the mortgage according to the FIRB link. :(
  4. J

    Sharing with sibling for first property - advise needed

    Hi all, I've been wanting to get a property for awhile now but my income has always been an issue (about $40k/pa after taxes). My sibling, who is living in NZ and is a resident there, is thinking of giving me a helping hand. The idea was to put the loan and property solely under her name...
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