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  1. Marty McDonald

    First IP, then expanding family

    I know its not easy to know how things will unfold! 80/20 refers to tennants in common with both of you on title but owning 80% and 20% of the property respectively. So 80% of deductions against 80% of income etc. A trust can get around some of the issues you mentioned but for most people its...
  2. Marty McDonald

    First IP, then expanding family

    You should consider if your plan is for her to return to work or not and how long you plan to hold the properties. Also tax laws may change. As it stands at the moment if she is not earning income it makes sense to have the properties and loans just in your name that way there is no conjecture...
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