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  1. Perp

    Turning PPOR into IP

    If you redrew the $100K, the $300K loan is "contaminated" because it contains a mix of deductible ($200K) and non-deductible ($100K) debt. Property investors prefer to keep their deductible and non-deductible debt in separate loan accounts - this is said to be "uncontaminated"; it doesn't...
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