One is finance. It is generally harder to get.

Another is resale value. They are generally harder to sell.

They are harder to sell because they are hard to get finance for. And they are hard to get finance for because they are difficult to sell.

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It wouldn’t make any difference – would it?

eg. The rent is $500 plus $100 rates. You have to pay tax on $400. You drop the rent to $400, no rates, so you pay tax on $400.

You would in essence be paying the rates and they would be reimbursing you. So it would work out the same.

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100% loans only go to approx $500,000, however 95% LVR loans can go up to $750,000.

Pelzer, buying a property will cost much more in weekly repayments than will renting the same property – especially the expensive low yielding properties in Sydney. Wrapping at a higher interest rate will hurt even more.

So you may be better off considering continuing to rent and investing the money you save.

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When you say living with, do you mean defacto? If so, then he has an equitable interest in the property and could make a claim.

If not, then he may still be able to purchase the property using a no doc loan at 70% LVR.

Or, you may be able to purchase a property for him now and transfer it later, without stamp duty using a bare trust

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It is hard to retire on property quickly. Many do make their money in business and then hold their wealth in property. You can keep getting loans if you have the income and/or equity. If you cannot prove your income, then there are low doc loans available.

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I beleive you have to have lived in the property to claim the main residence exemption. Once you move out, the 6 years starts.

I have never heard anything about the gain being passed on to another property.

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I have lots of problems with my wireless connections. If you offer it and your tenants have problems, they may be more trouble than it is worth.

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One thing to keep in mind is, if you rent out your current house which is not paid off, you will be paying a lot of tax on the rent. When you borrow to buy your new house, then you will be paying a lot of interest which you will not be able to claim if you are living in that house.

You have to weigh this up with the costs of selling and purchasing again.

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Title will transfer now, but it is really up to you how you secure the $10,000. It could be a 2nd mortgage, a caveat, a loan contract, etc.

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