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    How do I get the equity out of my investment properties to reduce non deductable debt

    Although you are using up your 140k equity in your IPs, you are also increasing the available equity in your PPOR. If you wanted to make another IP purchase, you would refinance your PPOR drawing down available equity to fund the IP deposit. The draw down is deductible as it is used as a...
  2. B

    How do I get the equity out of my investment properties to reduce non deductable debt

    A good idea, but only if necessary. The costs of doing this are CGT on the gain plus stamp duty.
  3. B

    How do I get the equity out of my investment properties to reduce non deductable debt

    Yes, which ever comes first. Read this: http://www.somersoft.com/forums/showthread.php?t=26532 No. Not legally anyway.
  4. B

    How do I get the equity out of my investment properties to reduce non deductable debt

    Basically you set-up a line of credit with that 140k. Then you use that line of credit to pay for ALL expenses on the investment properties (interest included). This enables all your available income, including all rents to be used to pay off the PPOR loan. The result is an increasing...
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