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    LOC vs Loan Offset

    I am a qualified accountant but in Banking and Finance so unfortunately I have limited dealings with the ATO, hence my initial question. I think kept clean of any other personal funds, it would be easy to maintain the nexus between the offset funds balance with the refinanced loans. I think...
  2. D

    LOC vs Loan Offset

    Thanks Peter. The only reason I would keep in offset is that it gives immediate access to the funds. I am quite disciplined and detailed when it comes to segregating financial matters (I am an accountant by trade), so the risk in contaminating funds are low to non-existent. But good to...
  3. D

    LOC vs Loan Offset

    Hi all, There has been a bit of discussion on this however I just want to clarify for tax treatment. I am looking to purchase another IP soon and have refinanced my current IP to unlock some equity so I can use these funds for a deposit. Lets say I have $100k that I am drawing down...
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