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Hi DU, As Shahin explain, what you need to do is change your mortgage to IO. Assuming you will have equity, when you draw down and put that money as DP for PPOR, you will have large loan but ATO will permit deduction. So what I did is draw down equity then re-invest in manage funds. I don't...

Hi DU, Just give advice from diff point. Set your current mortgage to IO, contact your local REA to get indication the market price. This to make your options wide in the future wether you want to rent or sold. If you want to keep it, learn how to recycle your debt-keep high deductability...