Quickshots Q&A #178
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Quickshots Q&A #178
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- We have 3 investment properties originally set up as 80/20 ownership between my wife and myself. 80% me as I am/was the higher income earner. My wife has now retired from the workforce and is on an allocated pension. How difficult would it be to transfer ownership 100% to my name to continue to reap the tax advantages or would the legal costs outweigh the tax benefits?
- Are there still properties in the market that are positive geared to help with serviceability?
- I am wondering with the world tech changes to robotics/AI is property going to be declining in value due to mortgage fire sales? I think property in Sydney is starting to decrease in value (Taren Point prices have dropped, $100,000-200,000 in 6 weeks)
Get in touch jamesf@jlf.com.au | mitchells@jlf.com.au
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