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Where to park funds
true. I actually do have another variable interest loan that it could be attached to.Its no harder to do this so i think thats the direction ill go. Thanks all- devo76
- Post #8
- Forum: Accounting and Tax
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Where to park funds
Yes i could but my only offset at the moment is my normal pay account linked to my PPOR. If i mix borrowed funds for my investement with general spending i will muddy things up and will not be able to claim 100% deductibility of the loan even after paying it back with equity from house...- devo76
- Post #4
- Forum: Accounting and Tax
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Where to park funds
Hi all Just a quick one I plan on getting a personal loan to pay for any shortfall in my subdivision/development. After the house is built i will get it valued,draw out the equity and pay off the personal loan. My question is where to park the funds while i use them. If i was to put it in my...- devo76
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- Replies: 8
- Forum: Accounting and Tax