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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.
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