Derek,

I’m not sure I understand your rationale.
1. I intend to sell my IP’s to repay my mortage on PPOR.
2. My PPOR is now owned free and clear of mortages.
3. I now wish to buy some IP’s.
4. It would be nice to be able to buy back the IP’s I sold in Step 1, thus making all of my new debt investment debt. I was hoping someone here had a creative (but legal way) of doing this.
5. I may be better off skipping out step 4 and just starting all over with an improved structure, because I am suffering big time with my PPOR mortgage. I have taken the other tips on board for use in the mean time. I have plenty of number to crunch yet before I go and sell out, with CGT, SD and Agent fees to weigh up.

6. Keep the good advice coming. Don’t be afraid to wear your heart on your sleeve. I’m sure that we are all mature enough as investors to do our own validation of information before we go ahead and use it.

I hope this better explains what I’m trying to achieve, I thought it was a long shot. I do intend to see an accountant in due course, but its always useful to get some tips from the real experts(people who actually invest) first.

Cheers