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Thanks wobbycarly, we both are on similar income so I don't think moving the property to her name will achieve much tax benefit.

Hi Aaron, Thanks for the reply. I didn’t quite understand your answer, so if I bring my PPOR down doesn’t that mean I’ll be paying less repayment on PPOR but repayment of the IP will go up. But when it comes to tax deductively on IP repayment I can only claim part of that repayment not the...

Hi all, I have a question regarding re-financing. Currently I have PPOR valued around 500,000 and owe about 250,000 and a IP valued around 600,000 and owing around 395,000 (on interest only loan). My question is there any way I can re-finance so that I can increase LVR on IP and use that money...