Thanks for all the advise it is much appreciated.. Matt

Jamie M wrote:

Shape wrote:
.so you can use a PPOR to borrow money on a IP and still have it 100% tax deductible under a normal structure + loan…doesn't need to be trust etc… Regards Michael

He's not buying an IP though – he's buying a new PPOR and wanting to covert his current unencumbered PPOR into an IP…..too many acronyms CheersJa…[Read more]

Jamie M wrote:
Hi MattWelcome to the forum.You can certainly borrow against your existing PPOR to fund the deposit/purchasing costs on your next PPOR.You can also convert your current PPOR into an IP.However, in terms of tax deductibility – only the loan securing your current PPOR at present will be deductible (that's assuming you still have a…[Read more]