Hello - my first post here - what an informative bunch you are. Here is our problem - we are fortunate to have an investment property with only $30K left to pay but have $120K left on our own mortgage. The investment is rented to family who we have to house for the next probably ten years and although in time it will be a solid little earner, at the moment we can charge only minimal rent and income pretty much equals outgoings. So I would dearly love to redistribute our own mortgage against the rental but beyond setting up a family trust and selling investment to it, can't think of any other legal way to do it. And no, I don't think the initial and ongoing hassle of a trust is worth it. Any other ideas? We are currently coming into a stage of our lives where we can negatively gear something else, whether shares/property etc, but I want our home paid off first. Quandry. Thankyou Bonnie.