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Sure - so if you split loan (apologies for using the term "increased" but I meant split) do the extra repayments from your split loan become tax deductible? If the answer is yes (so long as you use them for re-investing) how do we show this to the ato if audited? IE, for my last split loan, I...

How does the ATO measure where those funds are spent??? Also, when you get your interest statement at the end of the year from the bank, how would you break down what is legitimate taxable interest from the original property purchase and what is additional interest that wasnt re-invested?

Hi Terry, have I got this wrong somehow? Wouldn't increasing the LVR on the loans result in higher interest which is deductible?

Here are some numbers...lets assume you have $1million worth of property consisting of 4 x $250k properties. Scenario 1: Rental Income = $250 per week = $13000 per year x4 properties = $52,000 per year in total rental income. If your total lending is at 50% LVR you owe $500,000 and at 5%...

Bumble - What LVR do you have over your existing 4 properties??? Have you considered increasing LVR which will both release equity to allow you to purchase more property etc? This will also increase the amount of deducatable interest you can claim on your existing properties and may help to...