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    Turning PPOR into IP

    That clears it up, thanks Terry. So in all situations, the 200k would remain deductible but not the 100k as considered new borrowing. When we read about contamination, would there be a situation where by withdrawing the 100k, one would somehow make the 200k not deductible, or are the 200k...
  2. P

    Turning PPOR into IP

    Does this also applies to lump sum repayments made on the PPOR loan? So let's say on the 400K loan, tgg has made a 100K lump sum repayment at some point, and would now like to extract that equity back out - the equity is available on the loan account and no technical refinancing is required...
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