Kangaroos replied to the topic LOC clarification in the forum Finance 20 years, 1 month ago
thanks for the comments.
So if I use the LOC to purchase new investments, then this is ok to claim deductions? As I close out my existing investments according to my system rules I can then move this money to my home loan. Obtaining the result I wanted but over a longer period. So for tax purposes would it be best to open up a new margin…[Read more]