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Got it! Thanks again Terry.

Thanks Paul, I had no idea that there'll be no stamp duty if we changed ownership ratios while we are both living there. I always thought that it would always incur stamp duty if we changed the ownership ratios. While moving back there for 6 months will be a daunting prospect, we can...

Haha, that explains perfectly! Still laughing thinking about the urine analogy :D We might perhaps look at splitting the loan as we were considering fixing it, we might only fix the tax deductible $120K and leave the other part as variable with an offset account. Then put in some money in the...

Thanks Terry. I'm confused though as to how do I pay up the non tax-deductible portion of the loan? Currently it's one loan of $200K, so does that mean it's not cross colleteralised? Let's say for argument sake I repay $10K back to bring the loan down to $190K. How do we know if that $10K goes...

Thanks Terry. So we just bite the bullet and claim tax deduction on $120K then. Been reading up a bit on the forums and learning a lot of new things. I guess from now on I'll be very careful in how all the future finances are structured. Do you have any advise on how to improve the tax...

Thanks Terry. The Property A loan was originally a PI type loan but when we re-financed we changed it to IO. Both Property B and C are IO loans too. $54K deposit is from a bit of leftovers from property A re-finance + our savings over the last 10-11 months. EDIT: I should also add that the...

Hi All, I'm a new member on this forum and only a newbie in the investment world. I know that a lot of members on this forum are very knowledgeable and would appreciate some feedback on how to make the best of our current situation. 2009 - Bought Property A - PPOR - LVR $200K Until 05/2013...