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  1. rugrat

    Tax Question - Renting from my brother but I own half the property.

    Just some property law lecture notes: Occupation fee Each co-owner is entitled to occupy the whole of the property along with any other co-owner who also chooses to do the same. Accordingly, there is generally no right for one co-owner to claim an occupation fee against another co-owner who...
  2. rugrat

    Tax Question - Renting from my brother but I own half the property.

    I would recommend contacting the ato and getting a ruling on this issue.
  3. rugrat

    Tax Question - Renting from my brother but I own half the property.

    Just found the old (very old now 2003) property law text book. It doesn't have much info actually in it, but it basically says that a co owner has full, unfettered and unhampered rights to a property independent of an other owners of that property. That a co owner cannot impose upon another co...
  4. rugrat

    Tax Question - Renting from my brother but I own half the property.

    I don't believe (and someone can correct me if I am wrong) that you can rent a property to an owner of the property. Because you cannot be a tenant in your own property, then your brother cannot claim any of it as an IP. Trying to remember where I read this, not sure if it was one of my law...
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