Thanks Kent. Any good books you could recommend? Why new units are no good for investment?

Thanks. That makes sense. So negative gearing itself is not a good thing. I need to know that I can get enough capital growth to cover all the losses to make it worth investing. And if I have extra cash I can still put in the loan to make it positive gearing so I don't lose as much money during the course, and still get the same capital growth. Right?

Thanks Jamie.  We're not planning to buy immediately since we're not familiar with the state we're planning to move to, and we're not sure if we'll like it there. So we'll be renting for a while. How to 'structure the finance correctly'? What are the choices?I'm going to see a lender from our bank because they mentioned that we can use our equity…[Read more]

Unfortunately our home is under both names. So we should be 50% each. We're in NSW. So if my husband transfers 25% to me, ie I have 75% and he has 25%, I will have to pay stamp duty as if I buy it from him right?

Thanks everyone! I'll probably call ATO to confirm. Believe they're the best people to ask.

My parents are not Australian residents. Do they need to declare to ATO or their tax office in their country? I suppose they don't need to pay Australia tax?My parents gave me the money to help us with mortgage, not really to earn any interest from us. But if we convert our house to a rental property, then they don't see any reason why they…[Read more]