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  1. sashatheman

    % split on IP for tax

    Thank you all. Very quick. The property will be positively gears from the start. We don't expect to sell it in the near future. From what has been said, it sounds like a higher % should be allocated to my wife. I will definitely try to get professional accountant advise.
  2. sashatheman

    % split on IP for tax

    Hi all My wife and I are in the process of settling on a property that will be an IP for some time and eventually converted into out PPoR. Our solicilor is asking what percentage amount we want to put in each persons name. My income is around $70-77k while my wife's is around 20k...
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