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Guess what? The ATO has got sick of taxpayers directing rent from their IPs to their PPOR mortgage and effectively turning non-deductible debt into deductible debt, regardless if the dominant purpose is to pay off the PPOR mortgage as soon as possible and the tax benefits are secondary...

There's a question from a reader in today's Money section of The Age that asks whether they should cancel/reduce the limits of all of their credit cards (5 cards, each currently with large credit limits but all with zero balances) to maximise their chances of a successful loan application...

Hi all, A friend of mine is currently constructing a unit at the back of his PPOR property which will be an IP once finished. He will continue to live in the current PPOR at the front of the property. Construction has commenced but he hasn't as yet subdivided the property. Assuming...

Hi all, I seem to spend most of my time thinking of ways to pay off the home loan sooner....:rolleyes: If I had a SMSF and there was cash held in a bank account in the name of the SMSF, do you think that account could be linked up as an offset account against a home loan so as to reduce...