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Hiya The 20 % tax paid cash ( assumption ?) should stay working against the non ded debt. If you use it for the deposit straight up without the "recycle" and flush you will lose tax dedutability on that 20 %. if you first reduce your PPOR loan by that 20 % and then re borrow with a new...

Hiya Make sure though you structure the PPOR loan so that you get max advanatge. That is split it so you can put back the 20 % cash deposit inot your non deductible debt, and then redraw it. if you have the 20 % as cash do NOT simply use this as deposit . ta rolf