fireblaze211 replied to the topic Converting PPOR into first IP in the forum Help Needed! 12 years, 3 months ago
Hi Jamie,
Why would it be tax beneficial to avoid cross collateralisation?
I'm also new in the Investement Property area, I currently have Primary resi which I have almost paid off (approx $400K), I'm thinking of buying an IP (approx $500K) and have it fully funded by debt (100% LVR) so that the interest payment on it is interest…[Read more]