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Thanks Jess! So basically you would need to pay into the loan and then get the equity split as opposed to paying into the loan and simply redrawing it as that would contaminate the loan? Yes understand without a PPOR it makes little sense.

Hey All, I have read that some brokers recommend that if you have both equity and savings and wish to purchase an IP that you should pay the savings into the loan and then release that equity in order to make it fully tax deductible? Example - Say I have 30k in equity and another 20k in...