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Reread your post and The $100K is a payment for services to assist your brother ?? Assessable income and not a gift for love & affection.

In order to get interest deductions interest must be paid. When interest is paid to a non-resident a deduction hinges on registering for withholding tax. 10% of the interest must be withheld from the non-resident. Specific advice well worth obtaining. Anti money laundering and anti terrorism...

Since property will be in your name for 2 years then withholding tax issues or the interest is non-deductible !! Also CGT when its transferred to brother. Also stamp duty. You are correct that personal ownership will impact your land tax. Depends if its your main residence or if its a IP...