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  1. P

    Is this legal?

    this sounds like a pretty major thing (ability to just stop paying interest payments) that was just introduced with one sentence, as if commonplace, that you can do this on all IO loans - can you? if not, which loans allow it (whats the common name for it if its a loan feature? interest...
  2. P

    Is this legal?

    yeah, forget the LOC and go IO+offset, then all the money in the offset goes to PPOR (in a IO+offset loan against PPOR, unless you're 100% you'll never want to convert it to IP in future) if you're trying to find a way to get tax deductibility on both IP and PPOR, when PPOR is clearly not...
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