The only way is to make sure you are claiming everything you are entitled to. No accountant is able to tell you everything so just try to  get your head around it a bit and offer up suggestions for your accountant. Basically any expense that is related to money making can be claimed some how.

Did you know that you can claim travel to see your accountant, maybe to a PO box to collect the mail, to the shop to buy something for the property for example. It all adds up

LMI are probably worried about your gearing levels.

You could try another bank, but be aware that many of them use the same LMI, so the problem may follow you. I suggest you use a broker too.

I would also suggest you stop paying down the loans. Do you have a 100% offset account set up? IO with all the spare money into an offset account would be the way to go. Otherwise you are paying down deductible debt and the money is trapped in the loan – you can withdraw it but only with tax consequences.

I assume that one day you may want to buy a PPOR or spend money on personal stuff, so it is best to save up the cash in the offset which will assist by saving you the same interest, but be better from a tax position. If both properties are owned by the same person then it wouldn't matter which one had the offset.

It can be improved even further.I would seek expert tax advice about setting up a LOC on one of them to pay the interest on one or both of them and all other expenses. You have a fair bit of equity in one. Not having a PPOR loan will strengthen your position.  This will build up a large cash reserve quickly and enable you to pay cash, or have a large cash deposit for a PPOR>

Capital works is the building and anything or most things attached to it. You can't claim the cost of the house construction for example. Depreciation is the gradual loss in value of an item and the ATO allows you to claim a portion of the cost of an item to compensate for this. eg. Building works can be claimed at 2.5% per year for 40 years.

Fittings are another item that cannot be claimed upfront but only depreciated. This includes carpets, light fittings, hot water systems etc. These smaller items can generally be claimed over 5 to 10 years.

Repairs can generally be claimed in one year. Something is generally considered a repair if it is brought up to the same condition as it was when you purchased it. So replacning a roof may be a repair if the same materials are used, but may be an improvement if you put on a better roof. Tax implications would differ.

So "renovation fee" may be claimable depending on what it is exactly.

You can claim expenses your PPOR if it is rented.

If they are people I believe so, not if companies.

I think stamp duty is payable on the value of the part transferred.
Since ownership will change you will need a whole new loan.
you will need a valuer to value the property for stamp duty purposes and the bank will also send their own valuer for their valuation. You may be able to save a little by using the same valuer as the bank.

Factor in legals too and any CGT.

If you rent your half out then you should be able to claim your share of the expenses.

Yes trusts can access the 50% discount – actually it is the person being distributed to that does.

Did u live in A? If so you could probably claim this as your main residence. You could also claim B too, but not both for the same period. either one if sold within 6 years after moving out could be exempt from CGT.

I beleive that if you don't rent the place you can be absent indefinitely and not have to pay CGT.

I suggest you look at the Income Tax Assessment Act 1996 near section 118-145 as there are a few relevant sections there.

Then look up the ATO legal database on the definition of main residence or principle residence.

Do the sums and then reassess