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  1. Terry_w

    Switching PPOR and IP

    See my post above. If you were to do this the purpose of the borrowings would be to pay down private debt and no deduction.
  2. Terry_w

    Switching PPOR and IP

    You will be able to claim interest on either property when available for rent. But only the interest on a loan that relates to the purchase of that property. It sounds like you have no such loan on your PPOR at the moment so when you move out and rent it you will likely have a large positive...
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