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  1. Paul@PFI

    Joint mortgage and sole property owner situation

    All expenses and outgoings are based on title. Nobody cares who paid it or what share. However in an audit the ATO may seek evidence a cost was incurred and actually paid. Your evidence of payment will satisfy the substantiation requirements for her deduction.
  2. Paul@PFI

    Joint mortgage and sole property owner situation

    This could affect a claim. Tell insurer and should pose no issue for them to reissue in her name. Of course for privacy reason they may not want to speak to you now. You don't own it. So who can change the policy ?? :D
  3. Paul@PFI

    Joint mortgage and sole property owner situation

    The titled owners claim all income and deductions in that same % unless the property is a partnership / trust / business asset in which case another % may prevail. That's fairly rare.
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