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answered
Q: Hi,
My Wife and I have a 75k mortgage. we have an equity loan facility that is split from this mortgage of 400k.
we would like to invest in some shares using funds from equity loan.
We would like to set it up so my wife is buying the shares as she has recently delivered our baby and won’t be returning to work for around 5 years.
Can she negative gear the interest against dividend income from the equity loan keeping in mind it’s in both our names?
A: Hi Brendan,

Thanks for your reply
we are looking at a medium to long term high yielding(larger dividends)investment portfolio. I have been trading stocks for 25 years ,had countless margin loans, and have sratergy that has worked for us for the last 20 years,

I’m trying to take advantage of the lower interest rate that the equity loan has over margin lending.

You are right, I have had three accountants now that are very good a some things but are not up to scratch in these type of arrangements .
Would you be able to steer me to someone on the central coast that is good in this area and or where in Newcastle is your office? Happy to travel up if you are experienced in what I’m trying to accomplish (sounds like you are).

The main question I really need an answer is would it be possible to claim the interest against high yielding dividends from a portfolio if I kept the statements neat/clean for the ato ?

Keeping in mind stocks will be bought in my wife’s name and the equity loan is in both our names

Brendan if you are happy to see me let me know how to contact you to make an appointment.

Cheers
question
Q: Hi,
My Wife and I have a 75k mortgage. we have an equity loan facility that is split from this mortgage of 400k.
we would like to invest in some shares using funds from equity loan.
We would like to set it up so my wife is buying the shares as she has recently delivered our baby and won’t be returning to work for around 5 years.
Can she negative gear the interest against dividend income from the equity loan keeping in mind it’s in both our names?
answered
Q: Hi,
I have a joint home loan with my wife Of 400k that is linked to a offset account with 400k in it. My wife is not working now due to pregnancy and will not be working for a number of years.
We would like to purchase some shares in her name (because of her now low income) around 150k worth. Can she claim the interest on the 150k taken from the offset account. Can she claim all interest keeping in mind homeloan and offset are joint? someone mentioned me lending her the money? Loan structure?
A: Hi Ken, thanks again, I will keep in mind the loan split, great advise mate.
answered
Q: Hi,
I have a joint home loan with my wife Of 400k that is linked to a offset account with 400k in it. My wife is not working now due to pregnancy and will not be working for a number of years.
We would like to purchase some shares in her name (because of her now low income) around 150k worth. Can she claim the interest on the 150k taken from the offset account. Can she claim all interest keeping in mind homeloan and offset are joint? someone mentioned me lending her the money? Loan structure?
A: Hi Scott, thanks for your input,
I have kept the question pretty simple not exact figures etc. thank you for your concern with my investment statergy. I have been trading shares for over 20 years. I have had countless margin loans hence having 400k to play with.
I was told I could do this many years ago by my old old accountant but did not go into details and had no wife at the time.
Thanks again,
Peter
answered
Q: Hi,
I have a joint home loan with my wife Of 400k that is linked to a offset account with 400k in it. My wife is not working now due to pregnancy and will not be working for a number of years.
We would like to purchase some shares in her name (because of her now low income) around 150k worth. Can she claim the interest on the 150k taken from the offset account. Can she claim all interest keeping in mind homeloan and offset are joint? someone mentioned me lending her the money? Loan structure?
A: I found my account was guessing answers when talking to him about it. I'm looking for a new accountant who is up to speed with this type of setup.
answered
Q: Hi,
I have a joint home loan with my wife Of 400k that is linked to a offset account with 400k in it. My wife is not working now due to pregnancy and will not be working for a number of years.
We would like to purchase some shares in her name (because of her now low income) around 150k worth. Can she claim the interest on the 150k taken from the offset account. Can she claim all interest keeping in mind homeloan and offset are joint? someone mentioned me lending her the money? Loan structure?
A: Hi Ken, thanks for your input. I would prefer to use the home loan interest rate as it is a lot lower than margin loan
question
Q: Hi,
I have a joint home loan with my wife Of 400k that is linked to a offset account with 400k in it. My wife is not working now due to pregnancy and will not be working for a number of years.
We would like to purchase some shares in her name (because of her now low income) around 150k worth. Can she claim the interest on the 150k taken from the offset account. Can she claim all interest keeping in mind homeloan and offset are joint? someone mentioned me lending her the money? Loan structure?