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PPOR into IP1
That is where I was heading too. Of course, there are costs involved, but if this is worth holding, then the costs of having a partner buy it gives the partner a tax-deductible loan against the rent it would bring in. It also won't cost any more than the cost of selling this and buying a new...- wylie
- Post #9
- Forum: Accounting and Tax
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PPOR into IP1
Do you own the unit in just your own name? Do you have a partner?- wylie
- Post #6
- Forum: Accounting and Tax