ysm2 replied to the topic Ownership structure in the forum Hi Frosty
I think the key is 15 years, 9 months agoHi FrostyI think the key is what’s the purpose of loan when borrowed. As you said it’s to finance your wife’s house so she can claim 100%.If you want to make more logical for tax department that also will not effect in income tax either to you or your wife.Your wife can claim 100%interest, pays 50% interest to you and 50% to bank. In your income…[Read more]