So does that mean that capitalising interest (when you can afford to pay it) is a highly risky practice that might put you in hot water with the ATO ?
Clearly this hasn't been really tested yet by the ATO in court (besides Hart's case which is a totally different scenario) but it seems like...
I have been reading this topic with great interest and I have a question about what to do with rental income if my PPOR loan does not an offset account.
Here's the scenario ..
- A PPOR loan that has a redraw facility (where my salary goes into). Note that this type of loan does not come...
