Recent content by dve009

Ahh thanks for the advice! So I can continually draw equity from IP to put it into my residence and just "refinance" the IP in say 10 years and the proportions all sort of "disappear"?? Is there a financial advantage to doing this or should I just wait around and as soon as there is enough...

So can I still use that equity to pay off PPOR and not use that amount as a tax deduction?

Hi guys! I'm new to this forum but I'm glad I found it..I'm sure I will learn a lot from it! Just wondering if anyone can give me some advice.. Basically my situation is as follows: PPOR currently owing $350K IP currently owing $250K.. Say if I revalue the IP and the value comes back...