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Is the offset linked to the IP loan or to your home ?? If it your home . Good. If its the IP its a futile exercise. (Yes I often see people who offset linked to the deductible loan rather than a non-deductible). If there is no non-deductible loan this also is fine - But futile doing the...

If the loan for an IP is a distinct loan then provided you have adequate available credit just pay the expenses direct from loan. To avoid ATO concerns if they review it just reference what the payt is for eg "Water Rates".... Simple. Just remember you aren't building equity. So if the...