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Thanks for your comments, (Duckster) I was advised on the weekend, exactly what you were saying, but also to the point that
I can have the current house revauled for the purpose of turning it into a rental property change loan into interest only and complete a assest survey for future depreciation and this would allow me to be able to claim the interest payable on the outstanding amount in the loan only, plus repairs and depreciation etc. Obviously I would then have to use this property to help secure a Home to live in.
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