Thanks Shahin,

So the only way to keep em separate is if I dont use the equity in my IP ?

I would have to come up with an 113K in savings in order to meet the 80% ratio.. 

Thanks Jamie

So depending on the lender , and should it be 90% – Would I need to be able to service 714K? (612 +102 ) ?

Hi,If we refinance and have my wife on the mortgage with the bank together, we are saving approximately $200 dollars a month. The property itself will still be in my name.So does that mean that when I submit the tax return , her income gets added as well which results in a higher taxable income and hence less tax returns?Sorry for the newbie questions