Thank you Simon & mum.

Simon,

Both properties are joint tenants.

If I refinance the T/H and take the money out and put it in a offest against the new PPOR does that makes the new interest on T/H tax deducitble or not ?

BTW my wife does not works and has no income. Her part of the -ve gearing gets wasted (accumulated) anyway !!! However will…[Read more]

Wow 24 people have already read my post….

Waiting for your feedback now patiently.