andrew_stolz replied to the topic Use of personal savings for IP loan offset?? in the forum Legal & Accounting 16 years, 5 months ago
OK… I understood next to none of that!
andrew_stolz replied to the topic Use of personal savings for IP loan offset?? in the forum Legal & Accounting 16 years, 5 months ago
Hi,This offset account for investment purposes (with some personal use) seems a great idea. I have spoken to several people including the ATO and have heard differing views. The 07-08 etax software mentions LOCs but not offset accounts. Is there a good ATO reference case or article that confirms this? I love the idea – I just want to be sure an…[Read more]