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I've had 2 accountants and my solicitor varify that it was all above board. But thanks for the warning, I'll double check everything!!

Oh... I see what you mean. I forgot an important part of the story. DUH. I got a loan for 360k and we turned a non-deductible 160k loan into a deductible 360k loan.

No question, just providing some discussion on these discussion boards :)

This might seem obvious, but I bought my wife's unit. We both met at a later age, I had some cash from selling a previous property, she had a 160k mortgage on her unit, so after we got married we had it valued and I paid her $360k. 2 years later we moved to our freshly built new house and the...