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To fund the purchase of the 2nd IP I created two entirely new loans, the first was the Equity LOC which used the 1st IP as security as it was accessing equity sitting in this property. I used this for the deposit. The second new loan was the mortgage for the 2nd IP which used only the 2nd IP as...

This is how I structured my first investment property loan to maximise and simplify my tax deductions going forward. Might not fit everyones situation and circumstances. My 1st IP loan was setup via ANZ Breakfree as an Interest Only mortgage. I try and use my credit card for as many of my...