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Yeah I'm hearing you - one of the townhouses we own keeps jacking up the strata fees and I really can't see where the money is going. It's at the point where it's now just ridiculous and I might get rid off it. Cheers Jamie

Yep - spot on! If you never rent it out you can either continue to pump money in the offset to a point that you've offset the entire loan or revert to P&I. If your disciplined with money I'd go with the IO and offset option regardless of how long you live in the place. It just provides...

Hi there Best it set it up as IO with a linked offset - pump money into offset rather than the principle. The rationale is that paying down the principle now, will reduce the size of the loan you can deduct when it becomes a rental (not ideal). Put the money in an offset instead -...