All Topics / Finance / What will be a better tax outcome?

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  • mickym333
    Participant
    @mickym333
    Join Date: 2012
    Post Count: 4

    Hi,

    Just seeing if i could get some advice on what to do. I have 2 loans, the first being around 170k for an investment property and a second of 200k for a failed business that isn't currently running anymore.

    I have 50k in an offset account which is linked to both of these loans and am wondering if i should keep the 50k in the offset against both of these loans or Am i better off putting the 50k on one of these two loans?

    If i put them on the loans is there any tax benefits etc?

    Cheers

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