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  1. Ms Jade

    IP to PPOR - initial deposit/costs deductibility question...

    Aah, if only it could be done, JIT. As soon as the IP becomes a PPOR the $100k is no longer deductible despite the "original" loan purchase. What would be handy is if the $100k was a separate LOC. Then you can pay off that 100k down the track to get rid of your PPOR debt (assuming you would wish...
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