ysm2 replied to the topic Ownership structure in the forum Hi Frosty
I think the key is 15 years, 10 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]