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I recall a case where the person lost an appeal against an ATO decision to not allow their claim of interest deductions because they mixed the borrowed funds with private funds when they deposited the money in a savings account temporarily, maybe to write a cheque. I think it may have been the...

you want to make sure you can establish that you are borrowing from the LOC for the property expense, interest in this case. What you are doing is borrowing to fund an offset savings account initially, and the money is direct debited from there. I think this should be ok, but to make it...