Obviously I’ll be getting professional advice on this, but I’d just like to sound out the FOAK to see if the idea is a goer.

It’s high time I made the wife “beneficial owner” of our rental property.

I believe I can do this with a “deed of trust”. If we do this the income will go on her tax return, but will I need to have her name on the account the rent goes into, the mortgage, and all the contracts with tenants, agreements with tradesmen etc? Or is it ok as long as the end profit ends up in her account after it’s come to me?

outofbreath – Member
Obviously I’ll be getting professional advice on this

Obviously, obvious is obviously that you obviously will.

Is obvious.

Because, well, that’s a legal obvious..

Obviously, obvious is obviously that you obviously will.

Is obvious.

Because, well, that’s a legal obvious..

What? Do you think you’re being funny…? 😕