VIC ATO - Property Investment Transfer to Wife's Name?

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Shawn

Member
29 February 2016
1
0
1
My wife has a much lower income than me. We have a property investment where the title is in both our names. Is it a permissible procedure with the ATO to transfer the property title to my wife only (in Victoria there is no stamp duty for this transfer), in order to reduce the percentage of tax payable on the rental income of this property?

I should mention the property has no mortgage. Aside from standard outgoings, the rent received is income.
 

Michael T

Well-Known Member
9 April 2014
151
23
454
From what you've written, it seems that its a matter for you to discuss personally with your accountant, or a lawyer who can assist with structuring your assets.