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  • Profile photo of yixinyueyixinyue
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    @yixinyue
    Join Date: 2007
    Post Count: 4
    July 11, 2007 - 1:19 am

    Remember to structure your new loan correctly incase a few years down the track you decide to do it again.???

    What is the CORRECT way to structure a new loan for the primary residence? I am told by an accountant that no interest can be tax deductible even the primary residence is converted to the IP with a loan.

    Thanks
    yxy

    Profile photo of yixinyueyixinyue
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    @yixinyue
    Join Date: 2007
    Post Count: 4
    July 5, 2007 - 12:37 am

    Thank you so much.

    Profile photo of yixinyueyixinyue
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    @yixinyue
    Join Date: 2007
    Post Count: 4
    July 4, 2007 - 12:49 pm

    Elka,

    Thank you very much for the useful information.

    Do you have a web link from ATO regarding this matter?

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