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Hiya I would still suggest a Term loan over an LOC in most but not all cases. Even in this instance parking money in a LOC and paying down an IP loan at this time may not present an issue. Who knows what the future will bring though. Maybe we want the advance payments to be used for a non...

Hi KM Its the old pay off your home loan then turning it into an IP trick. Pay down your LOC, then you want to buy new PPOR and retain the old PPOR as an IP. Redraw the repayments out of the LOC for the deposit for the new PPOR. Redrawn portion of loan is NOT tax deductible- used for...

Hi Will Many investors in your position use a structure like the one you propose. Certainly I dont believe the tax office would have an issue with you reducing your tax deductions by paying less interest. In terms of the documentation the offset acct does it automatically anyway. Note...