I have a problem, my girlfriend bought a car 12 months ago, and couldnt get the loan so we put my name and hers on the loan. she has been paying the loan by herself but does not declaire any income. i need my name removed from the loan so i can buy a bike next year, but because my g/f doesnt claim an income she cant re-finance. she earns 30 000+ a year off the books and has been paying the loan for over 12 months now she ows around 12000. how can i get my name removed from this loan?
i've herd you can claim up to $50 000 a year as a hobby instead of income, could i claim her income as a hobby and use that to re-finance?
i've herd you can claim up to $50 000 a year as a hobby instead of income, could i claim her income as a hobby and use that to re-finance?
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