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Thanks Rolf, " All 3 properties once rented will form part of your tax position " 3..?? Not 3....Just 2 IPs. IP # 1. 90 % on my name & 10 % wife. Current PPOR (future IP # 2 ) 50/50 ownership between me and wife. " In general its no good chasing more gearing if your taxable...

Currently I am living in PPOR. Valued @ $420K owing $255K Interest variable @ 5.54%. IP # 1 Bought @ $305K. Valued @ $350K. Rented out @ $340/week. Interest locked in @ 9.00% (ouch). We are thinking of making our PPOR as IP # 2 and renting it out @ $350/week on a loan owing $255K...