Hi Richard and Terryw,

Thank you for answering my questions so quickly.

Richard-

What would be the advantages of my husband selling the QLD IP to me? In the beginning of the PPOR loan discussions we asked if we would be better selling all the properties to each other to the value of the PPOR loan. The answer we got was that we would break even at the 10 year mark with interest saved but stamp duty paid. I was reading somewhere that each state is different with their laws and I'm sure I read that there was no stamp duty in Vic if the sale is between spouses. The other 3 properties are in NSW so not sure if that makes a difference.

Also what is a unit trust- that is something I am not familiar with?

WIth the loan restructure we will not be borrowing more money just seeking to reduce the repayments to the net rent or below. I don't see any positives in adding money to the QLD IP loan when we still have our PPOR loan over our heads.

Terry-

By arresting the payments I mean that I am not making any payments on the loan. The bank have said this is OK due to the amount the loan is ahead. I thought it was the best way to access this money in a clear and transparent way. I didn't really think of the tax implications. Is there any other tax advantageous way to access this money or do I just live and learn and start the repayments again. My other thought is if my accountant is aware then we do not claim negative gearing for this period?

Finally another question – would it be better to sell the QLD property or because we have so much equity in it is it better to restructure the loan? Does anyone know how much the property management fees are in QLD. We currently pay 9% as well as strata and yard maintance. They are on site managers who are also real estate agents who offer to sell the property for you. Something doesn't feel quite right about the situation especially as this morning we have received an email stating why they are better than an external agent managing the property.

Thanks again in advance

Julie