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i know - im aware of the perk ;) It's a part of my plan. We've only just started accumulating our base (2 ips an a PPOR, $1mil total), so next stage is converted PPOR debt to deductable debt and buying more assets.... and then we can get to the LOE stage. I am only 28 though, so ive got plenty...

I like the cut of your jib.

thats what im planning to do.... and also using excesses to buy more IPs :) im just waiting for the equity fairy to work more of her magic.

i hope to "pay off" the PPOR mortgage by turning all the debt agains the PPOR into deductable debt against IPs. But i never expect to fully own my PPOR. Not for a bloody long time!