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Thanks Terry, definitely starts to get a little complicated, I agree, everyone should see a tax professional for advice before attempting something like this.

Wow, thanks Terry, I didn't know you could apportion the LMI on a PPOR, it seems a bit messy. I won't be doing it for now but I was very interested in understanding it in full if that makes sense.

Thank you Peter & Terry, got it now. Thank you Terry, I understood that part (purpose and use of the borrowed funds for deductibility). My reason for stating it though was I don't believe you can claim portions of LMI, so for example if I went 90/10 on a PPOR where previously it was say...

Thanks to everyone for all your input, I've only been on here a day, and I can't count the hours I've been searching and reading related IP topics. To get a clearer picture on this topic to see if I get it .. PPOR - P&I loan (property has some equity) PPOR - has an offset account attached to...