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Hi All, we are going to demolish our IP & build 2 IP's to keep & rent. question is if we setup an LOC against our PPOR and use this to pay the interest on the IP construction loans would it be deductible once the IP's are finished and available/being rented? looking at this from a cash...

Hi All, should have found this forum before starting the investment journey. current situation (both properties are located in adelaide) PPOR value $550k, P+I loan $200k IP - double block on 1 title for $600k with IO loan $600k (tenanted at $300/wk). have obtained council approval...