reddog7 replied to the topic PPOR and IP on one property title in the forum Help Needed! 10 years, 10 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]