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Tax on IP%27s Reply: 2.1 From: Ken . Thanks for the response guys. I am quite happy having the split along ownership lines...at this stage, but as Paul mentioned, the time has come to restructure for future needs. But to do that I need to find A GOOD PROPERTY ACCOUNTANT (I hope Dale is...

From: Ken . I have 4 property's, 2 in my name and 2 in my wife's name. All the loans are in both our names. My question is how is the income (rent) and deductions dispersed between us? Is it based on the shared borrowings, eg half the income and deductions from each property is allocated to...