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  • Profile photo of fireblaze211fireblaze211
    Member
    @fireblaze211
    Join Date: 2012
    Post Count: 1
    August 17, 2012 - 5:42 am

    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 deductible. 

    The only way bank will allow me to do this is if I cross collateralised the two properties. 

    Thanks.

    Matt

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