Cata
Yes, if they can get access to your tax returns, for example, and see income coming in. Good point.
Terryw
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Find pensioners who you can have a written agreement with, who for a couple of thousand dollars a year, ( by paying their electricity, telephone, water bills and a cash bonus at Xmas time) will let you get a loan and put their names on the deeds to a property. They are rent payers and one property does not put their pension at risk.
You will find them as regulars at the local bowling club or pub.
Result, less tax commitments and no CGT. I know a bloke who actually does this in Brisbane.Sounds fraught with Danger !
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