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  1. L

    Yet another Rolf type question

    Reply: 2.1.1.1.1 From: Les . G'day Passive, I see where you're coming from now - and I think I need an Accountant's opinion on this one (I'm not one, either ;^) Dale, can you please shed a little light on this for me. If I have an Offset account that is only borrowed against for...
  2. L

    Yet another Rolf type question

    Reply: 2.1.1 From: Les . I disagree, Passive, Whether Offset or LOC, so long as the purpose of the withdrawal is for investment purposes, they should both remain deductible. I may be looking awry, but to me Offset and LOC are roughly equivalent. And Offset is simply offsetting against...
  3. L

    Yet another Rolf type question

    Reply: 1 From: Les . G'day Mathew, Since you said you had "cash" to put into PPOR, then I can see no reason why you can't choose to put your cash into the PPOR mortgage (via Offset account perhaps) - and then redraw it as you require. Since it is cash, I assume it has already been taxed in...
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