reddog7 replied to the topic PPOR and IP on one property title in the forum Help Needed! 10 years, 9 months ago
Thanks for the replies Terry and Catalyst.
The purposes of splitting the loan would be to:
1. Simplify the process of determining what interest charges are tax deductible
2. Enable income to be directed to pay down the P&I on the PPOR only, while keeping the part of the loan for income producing assets as Interest-only repayments, since this…[Read more]