My partner and I live in her house and my property is rented out. If we buy a property to live in and rent the other two out, what is the best tax effective structure?

Con. Hello. The tax structure that you would need to follow is perhaps largely already in place due to the ownership of the existing two properties that will generate investment income. Purchasing of a new home to live in will not bring additional tax benefits while you are living in it. Perhaps if it is likely to become a future investment, then some tax advice would be wise.
For your partners home, you should seek some tax advice around depreciable assets and a Capital Gains Tax base. This will affect the baseline of future tax calculations, but is not necessarily an issue of structure.
If you need any advice on borrowing options, then please give me a call.
Best Regards
Ken Olds
Customers First Mortgages & Insurance
www.AskKen.com.au
1300 ASK KEN

Dear Con,

Well said Ken, I would only add that it would be beneficial for your future capital gain tax if you get a valuation for tax purposes for the property where you live now in case you need to sell it in the future, you would pay capital gain tax on the increase in value from her onward.

Please fell free to contact me too on 02 9897 9696.
regards