darrenonsnow replied to the topic rental income to son in the forum Help Needed! 20 years, 9 months ago
Resposibility breeds maturity.
Lend him the deposit.
Write up a contract between the two of you that serves you both for the future return of your money.
He gets the mortgage and takes on the responsibility to the bank that wants to deal with him.
He buys the house.
He is eligible to claim the FHOG from his governmentThe house is then his.
He…[Read more]darrenonsnow replied to the topic PPOR in the forum PPOR 20 years, 9 months ago
How long must you live in a place for it to be cosidered your primary place of residence?
Are there any other criteria?Cheers
Darren