Terryw – Thanks for your example, it does certainly puts things into perspective. I'm still educating myself so these maybe silly questions –  Based on your example, if we were to take out a 2nd loan, would it be in our interest to only have one name on the title on the IP for tax deduction purposes?ryan – I appreciate your encouragement and ad…[Read more]

YoungInvestor wrote:
Hi Amie, Do you have an offset against the Variable Rate Loan?  (It is not possible to have an offset account against a fixed rate loan). If so, put all the money in there so you are saving interest, but still keeping the cash available for another purchase.

Currently, we don't have an offset account. Will contact my…[Read more]