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  • Profile photo of lourozalouroza
    Member
    @louroza
    Join Date: 2006
    Post Count: 6

    Hi there,

    1. Yeah look he is putting her on the title for free. Can you transfer a property for love even if not married or living together?

    2. This property has been his investment property for 4 years but is now moving into it.

    Not sure if she will accept property transfer on a tenants in common basis.

    Profile photo of lourozalouroza
    Member
    @louroza
    Join Date: 2006
    Post Count: 6

    Hi Richard,

    Thanks for your prompt response.

    Had a read of your comments as per above and have the following questions:

    1. when should i transfer ownership of my current home into a trust? Would it be prior to moving into my new home?
    2. Are there any capital gain or stamp duty implications?
    3. By transferring the ownership of my current home into a trust in the future as it will become a long term investment vehicle how will i be able to borrow 100% of the valuation which is outside Banks policies.

    Thanks

    Lou

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