Thanks for your comments, I think I will just sticky beak at a few auctions and see what happens…

Hi Cat159, thanks for your reply.  We saw our accountant today and asked about this he said no way!  Are your properties set up as Joint Tennancy or a Trust?  Just wondering how they get about splitting income/expenses at different ratios.Cheers

He is employee, so no chance.  Will be seeking financial advice on Thursday – see how we go…

How would he be able to split his income to myself other than sal sacrifice super?

Thanks for your storey Duckster, I am so glad I cancelled my family payments as I did not know that a negatively geared property was classed as income??  That would have been another blow…I am now looking into transferring part of my share to husband, will have to pay the stamp duty – which I guess will only be a % of my 50%?  Worth looking i…[Read more]

Thanks for your replies, I thought not.  I guess my next step is to find out if individuals can carry a loss to next financial year?We have made a lot of mistakes with this property which is making us afraid to try again, I'm not sure if we should cut our losses and sell and start a fresh or ride this out as I believe the capital growth long term…[Read more]