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Congrats :) Make sure to double check the paperwork. Once had a bank try to cross everything, despite written (email) instructions. :mad: Managed to get everything sorted before settlement :cool:

The loan purpose determines deductibility (personal use is not tax deducible) Option 3a: Existing loan on PPOR $61,000 NEW loan for 25% of value of new IP ( 20% deposit + 5% for costs) secured by PPOR ONLY NEW loan for 80% of value of new IP secured by new IP ONLY NO cash deposit, no...