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From an accounting perspective, if I have an investment property with a LVR of 50% and want to refinance to an LVR of 80% and use those funds to pay off my PPOR, will I be able to claim the new full amount of interest as a deduction or is it only the amount pre refinance that i am able to claim as an expense as the funds are drawn for personal use to pay down a non-deductible debt?
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