mouse2 replied to the topic Buying into Spouse’s property to increase negative gearing in the forum Help Needed! 14 years, 5 months ago
ambosh wrote:
Im not sure exactly what you mean on the tax side, but I would refinance all three properties so that the majority of your debt sits on the investment properties. Debt on your PPOR is not deductible, so it is in your interests to reduce this to the lowest amount possible, using the equity in your IPs. Refinancing is the best w…[Read more]