Thanks Simon for the reassurance. My acct has also backed it up so I’m going ahead. Saves me about 2.45% on my current deal (9% down to 6.55). That’s got to be good.

Stuart

I’d say it would be a great idea to have a seperate account for the 10% deposit component. Most loans allow these facilites now. Reading the ruling makes me think you can do it without a split facility but it would be a bit messy.

As to CGT. Can anyone verify that even if the loan facility is on the POPR using a sub-account for investment…[Read more]

Answering my own question, the ATO site has a tax ruling that seems to lay this out exactly as I had hoped (see below). This means to me that I can use one of the accounts on the home loan to take the amount off my current CP loan provider and deduct the int. payments from my rental income. This should not have any bearing on my PPORs exemption to…[Read more]

+ve cash flows depend on a lot of things.

Interest rates
Tenants
Repairs

If rates go up to 10% as I heard predicate today. Will you still be +ve?

I think the key is to lock in the rate when you know it’s a good time. BTW – its a good time!