Hi, can anyone out there help with my query? My wife & me are looking at purchasing an investment property in WA with the land title as tenant in common. We plan to have the bank loan as 100% in my name (negative gearing purpose) with my wife acting as guarantor, as required by the bank. Can anyone advise: 1) For our tax return, how do we split the rental income & loan interest? My wife does not have any other income. 2) If we intend to move into this new IP after 4 years of renting it, we are considering 2 options. Option 1 is to sell our current Principal Place of Residence (to be subject to CGT? Currently living 5 years) & move into the IP (which will become our PPOR). Option 2 is convert our current PPOR to IP and moving into the new property which will now be our PPOR. Which option would be more advantages from a taxation perspective? What is the criteria to define when a property is PPOR? Type of documentations that are required to support our claim? Thank you in advance.