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  1. Terry_w

    Tax deductions - Interest in Advance

    Oh. unless you have borrowed money and parked it into an offset account temporarily (very dangerous in my opinion). If this is the case no other money should go into this account. Also, if possible you should borrow to pay investment expenses so that you can pay your home loan down faster.
  2. Terry_w

    Tax deductions - Interest in Advance

    An offset account is not borrowings so there is no nexus to break.
  3. Terry_w

    Tax deductions - Interest in Advance

    Best to park the rent into your offset account attached to your non deductible home loan.
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