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  1. E

    Reduce PPR loan With IP Line of Credit ?

    Please elaborate... Or at least link :)
  2. E

    Reduce PPR loan With IP Line of Credit ?

    Yes, I plan on using that strategy as well as capital distributions to smash the PPOR loan. Another strategy I am using is to pay the deposit from the loc too by first paying down the PPOR and increasing the limit on the loc
  3. E

    Reduce PPR loan With IP Line of Credit ?

    thats what accountants are for... investors just need to do the creative thinking and head the accountant in the right direction :) Rob G... are you also Bob G?
  4. E

    Reduce PPR loan With IP Line of Credit ?

    I just bought the 2011 edition of trust magic which states that its still possible http://www.trustmagic.com.au/ $27.50 well spent
  5. E

    Reduce PPR loan With IP Line of Credit ?

    From my 2004 edition of Trust Magic, the process is as follows: 1 - Trust Buys IP for say $100k 2 - Trust Revalues IP at say $150k 3 - Trust distrubutes this equity to the beneficiaries with a book entry creating a liability 4 - the Trustee obtains finance using the IP as security to pay...
  6. E

    Reduce PPR loan With IP Line of Credit ?

    it may be possible if you hold the property in a trust and do a capital distribution http://www.trustmagic.com.au/inf/Finance-Hybrid-Trusts.pdf
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