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I have been given under very good authority that if you want to apply to the ATO for a Personal Ruling in order to Debt Recycle, under purpose of the loan one's needs to state, and I quote - "To separate business & personal expenditure" - end of quote. I hope this helps. Have a happy day! :)

Hiya Corsa, Long time no see on SS - fantastic to see you back. :) Yeah goes without saying. Either via offset stucture if there's a chance of the ppor being turned into a IP some time down the track, or if no chance of that then via redraw facility and/or LOC.

Why dont you deposit all your income (rents, payg, etc) into your PPOR and then pay all your IP interests each month from the PPOR? You say the IP's are positive geared so all the surplus income will be reducing your PPOR loan balance.