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  1. Terry_w

    PPOR to IP with variable and fixed loan

    Spouses should maintain separate bank accounts to make this possible. private ruling may be a good idea. Spouse A earning the money and then gifting it to spouse B who then lends it back to spouse B may be seen as a scheme. But if the dominant purpose is estate planning then it could be ok, but...
  2. Terry_w

    PPOR to IP with variable and fixed loan

    ok, I thought you would never ask. Vic is the only state which allows stamp duty exempt spousal transfers at full market value, even for investment properties. So a couple could seek advice on the implications of buying in one name. Live in the property, later move out. s118-145 main...
  3. Terry_w

    PPOR to IP with variable and fixed loan

    1. No. 2. No as the balance would have been paid down due to the loan being PI 3. Not if rates go up. Seek legal advice because I can think of 2 strategies which could enable a lot more to be claimed.
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