Hi All, thanks for your responses. I haven't read Janmor Nominees yet. I will do so this weekend. What about expanding on Terry's idea and what about I sell my half of PPOR to my wife now (gift it). Then when we move into the investment property in three years, she can sell 100% of the property back to me, I borrow 80%, then wife uses the funds to…[Read more]

Hi Terry, I am in Victoria. My PPOR is held in both mine and wife's names.

If I borrow 105% on the new investment property and I do not reduce the loan. What happens when I move into it?

Thanks Catalyst, it doesn't seem fair that I have fully paid for my PPOR which is the same value as the IP I want to buy. But when I move into the IP, I inherit all the non-deductible debt which hasn't been repaid.   The tax office is having a nice win there?