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markhall1980

  • markhall1980 replied to the topic Redrawing from Investment Property Loan in the forum Help Needed! 14 years, 5 months ago

    So its not actually illegal from a tax point of view to re-draw, but just that the amount you redraw is not tax deductible? So why is offset better? If in your example you use 20k for a holiday from an offset account, how does that differ?

markhall1980

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