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I was of the opinion that if you had more than one IP in a loan account you would have trouble trying to pay off the debt incured on one part of the account, i thought you would have to apportion the money over the entire account. If a IP was sold wouldn't it poison the account.

Sorry i should have added that i will not have any non deductable debt in a 1 yrs time.:D

Hi shadow I was pointing towards part 4a where the ATO can disallow a deduction if the sole purpose was for a tax deduction, my structure allows me to capitalise my interest when needed but also staying within the vague rules

Hi shadow I think you should read corsa's thread again

Corsa great post you ROCK