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Would the interest charged when using the equity in a property to obtain a cashbond still be tax deductable (since the argument is that the cashbond is needed to obtain serviceability) If the extra serviceability that it gains is not used(sits there in a form of LOC) for a financial year...

very impressive bbg2003, would you please share with us how you got those loans? thx

you still need to satisfy lenders serviceability to obtain a low doc

Steve, Is this a segue into your share fund? Which brings the question would you use the cashbond for investing into shares?

Do you mean that you cancelled the bond before maturity? If so, are there any penalties associated with an early withdrawl?