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  1. Terry_w

    Is line of credit tax deductible?

    I am not sure what you are asking. I recommend a LOC/IO with redraw be used for the deposits etc. THen once the investmet properties increase in value the amount used from the LOC can be refinanced back into the main investment loan of the property it is associated with.
  2. Terry_w

    Is line of credit tax deductible?

    security usually doesn't change deductibility so refinancing generally has no effect.
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