ryan57 replied to the topic PPOR to IP and Asset Protection in the forum Finance 14 years, 1 month ago
Thanks for the responses – much appreciated.Intend to change to IO immediately. With the re-draw, am presuming if we were take out the 60k for other purposes, we could still only claim a tax deduction of Int on the current $300k, not the new bal of $360k.The advice on the ltd co and 1 director is excellent. As the business will take time to grow…[Read more]