jonesboy replied to the topic Turning Private Property into Investment Property in the forum Legal & Accounting 16 years, 3 months ago
Confused. I am in the same situation but have no mortgage. I have moved out of PPoR and is currently being rented. I have no other properties. However, I refinanced 200k on investment house and land package which unforetunately had to sell. I have kept this interest only loan of 200k (7.62%), and have the 200k cash from the sale of the land…[Read more]