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It is with Adelaide Bank.

Understand. I have a non-deductible home loan with a offset. So the rental income goes in thos offset. Can I later take the money out and pay for the IP expeneses like fees, strata, insurance etc. from the offset account - technically yes, but does that impact tax deductions - heard of some...

Hi, I am in the process of setting up a Fix rate Interest only home loan that allows advance payment of annual interest. While I am aware of the benefits, I am not sure about how (and what accounts) to receive the rental income so that it does not become idle money for the year (not...