3 years ago my sister and I took out a mortgage to buy an investment property. My sister was a FTB, as was I, but I did not put my name down on the title deeds as I was away (in Mozambique..) at the time and I wanted to get my FTB grant at some point in the future. I trust my sister!
Can anyone advise me whether I can get my name on the title deeds without any taxation impact? I owe half of the mortgage. It has not impacted me in anyway as I receive half of the rent. Can we backdate an agreement to get me on the title deeds? Is there an allowance between siblings?
Does it really matter?