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my line of thoughts goes along with with spindles has said, probably because we both hail from the same place. Taxes and laws differ from place to place, so see your accountant.
I think the idea of renting t your brother is a noble one, but if you were going to rent this place out to your brother, you are probably going to rent it out at a cheaper weekly rate. This is something you need to consider vs renting to a total stranger at market rates that you could evict if they couldnt make repayments. To avoid misunderstandings, is make sure you have a written contract with your brother. This may seem like it isunnecessary, but it saves heartache for both of you down the track.
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An injustice anywhere, is an injustice everywhere
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- Filthy
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