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  1. L

    Debt shuffling and tax deductibility

    Bugger... I had a sneaking suspicion that may have been the case Terry since I was not using the funds to acquire new investments. Nope certainly not worth the fuss! Especially with the timeline I will be paying out IP2 loan in! Thanks for your reply.
  2. L

    Debt shuffling and tax deductibility

    Hooray... Not that it is any of your business... But I live out of home (but I do not pay), in a month I will be working full time at my well paid job and am only looking at properties in my area of interest that have a 6% return... Whilst I am not risk adverse with my own assets.. I would not...
  3. L

    Debt shuffling and tax deductibility

    Hey Jess! Thanks for the speedy reply! That is a particularly good idea! The only slightly inhibiting factor is that IP1 loan only allows me prepay approx 47k... But you are right it is certainly better to keep as much surplus funds in IP1 Loan as possible to minimise interest payments. Only...
  4. L

    Debt shuffling and tax deductibility

    Hey All! I have had a great time reading your forums for the last few months and I finally got around to signing up! I am really excited to join the SS club ;) A little about me... I am 20-something just finishing up my undergrad studies which is very exciting! On an impulse of sorts with...
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