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Reply: 2.1.1.1.1 From: Rolf Latham Hi Jef Yes and Yes, though if you are going to redraw against PPOR equity created by sticking in extra money it is prudent to xtract it with a separate loan to the PPOR loan. It makes tax accounting much easier Ta Rolf

Reply: 2.1.1 From: Rolf Latham Hi Jef Theres nothing to deduct because its cash that was held in a savings account, sooooo theres not interest to pay. Ta Rolf

Reply: 2 From: Rolf Latham Hi Manny Precisely one of the reasons why I much prefer an offset to a plain redraw or LOC. Yes the money you have in the offset to be used for PPOR purchase will not affect the tax deductability of the original loan amount. Conversly if you were using a redraw...