Hi Benny,

Thank you very much for your reply!

We did get this current structure in place through our broker and accountant – and saw that that structure made sense – however always open to new ways that would be more effective in reaching our goals.

In reference to the points you made – I will try to explain what I’m thinking

1 – Because the offset accounts of our investment property is fully offset, and the other one will be fully offset by March 23 – I was under the impression that we are effectively paying no interest on the loans. Maybe its worth me looking at whether we would save more by claiming the tax deductions on the interest paid as opposed to not paying any interest at all?? To add to that – we have been claiming the expenses from those two properties.

2 – Our home we live in – is the property that is our business premises – seperate section of the building – so we claim the portion of that property for  tax that is used for our business – but not our living space.

3 – Yes our business property is fixed – and yes there is a break cost – not sure how much though.

4 – I will ask my accountant today about that.

5 – and that is the goal – all properties paid off

I guess it will come down to us whether we want to keep purchasing more investment grade properties. It is nice to sleep well at night too ( with interest rates going up)

Thank you for your thoughts Benny

Kind regards.

Mat