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Well possibly, but it will be a 1 off transaction and there is an ATO ruling which says a split loan can be unsplit and separated on a reasonable basis which could apply. Better to have separate splits if possible I think.

The $70k is borrowing from the second split and then if another $20k from borrowed from the same split the following issues should be noted: 1. All loan used for investment so all interest should be deductible. 2. If paying IO it is easy to apportion the interest between the 2, if you get...

firstly what do you mean by 'this account'?