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Transfer of PPOR to Spouse (WA)
Yep, one of them is calculated on family income, but the other part will be based on your wife's income. We recently upgraded our ppor and decided to keep old house as a rental. Rental is in wife's name, and so is it's income. Due to the weird way Family Assistance calculates "income", she...- morg
- Post #6
- Forum: Accounting and Tax
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M
Transfer of PPOR to Spouse (WA)
Another point to consider if you transfer property into your wife's name is that when you do start a family your part A & B family benefits will be effected and may negate any income tax savings.- morg
- Post #3
- Forum: Accounting and Tax