Hi There; This is my first post so I'm hoping somebody can help me here. I work but my wife dosent. We recently got a LOC on our home and lent it to a property development deal maker at 20%.The interest is capitalising. The investment is in my wifes name as I thought it would be better not to just add the return to my income. Thought it may take me into the next tax backet (at that time but with new tax rates it may not matter) I thought the interest would be deductable in my wifes name is that correct? Has this been a smart move or a dumb move? Going to make the same investment soon so I would love to know if it's the right way make the investment or should I put the investment in both our names? Thanks for any help you can give me.