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  • Profile photo of jbedijbedi
    Member
    @jbedi
    Join Date: 2004
    Post Count: 3
    November 11, 2004 - 5:04 am

    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 save CGT later.

    Profile photo of jbedijbedi
    Member
    @jbedi
    Join Date: 2004
    Post Count: 3
    November 11, 2004 - 3:32 am

    Wow 24 people have already read my post….

    Waiting for your feedback now patiently.

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