So, hubby and I have bought a PPOR in joint names. Unfortunately this has messed around with our serviceability for buying in sole names (because we are each responsible for our PPOR debt) so we will be able to buy more IPs if we buy them as tenants in common (according to our knowledgeable broker)
For the negatively geared properties, my husband (the higher income earner) will own 99% and I'll own 1%.
For positively geared properties, it will be the other way round as there'll be a few years that I'm not working (bubs), and then probably only working part-time after that.
Anyone else have this approach?
For the negatively geared properties, my husband (the higher income earner) will own 99% and I'll own 1%.
For positively geared properties, it will be the other way round as there'll be a few years that I'm not working (bubs), and then probably only working part-time after that.
Anyone else have this approach?