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  1. Propertunity

    PPOR to IP loan structure - deductibility of principal paid off already

    Good advice IMO. The interest on the "top up" is only tax deductible if used for investment purposes. That's correct - the portion of your loan that is paid off, is no longer tax deductible. Everyone who turns their PPOR into an IP (if they are paying P&I as opposed to IO is in the same boat...
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