Thanks for your advice Terry.I will look into it. Its very hard to find an account that is specialized in this area.Any people you recommend in adelaide

Thanks for the advice Terry,To answer your question, if we were to leave the titles in my parents name, I would pay for the monthly repayments myself out of my savings account.Will I be able to claim the expenses when I sell the property?But my understanding is that if we do it this way, my repayments will not be able to use my repayments to…[Read more]

Hi All,My parents purchased two blocks of land 4 years ago as an investment, financing them through a LOC.During this period of time, they have been able to make their monthly repayments and the balance has remained the same ever since they purchased them (in other words, they only pay the Interest every month; no principal)Both blocks are…[Read more]