Yeah my fault sorry I should have put that in my opening post! Thank you everyone for the great advice.[^]

Hi Redwing

You are correct, my boyfriend has just moved in while I live at my parents house and the rent that I am charging is basically what the market value is at the moment in the area. All the main accounts [phone, electricity etc] are now all in his name. It is a tenant/landlord arrangement [we have signed lease documents, i have lodged a…[Read more]

Hi ignore that question I just figured it out! Capital Gains Tax!

Hi Derek

Thanks for the advice. I will definately check all that out. Sorry this is probably going to sound like a dumb question but what does CGT stand for??

Maria.

Thanks very much James. I was pretty sure that it should be ok but my boyfriend was concerned and I guess I just needed some piece of mind.

Thanks again

Maria.[^]

Thanks very much James. I was pretty sure that it should be ok but my boyfriend was concerned and I guess I just needed some piece of mind.

Thanks again

Maria.[^]