Search results

thanks Terry, Peter and sumterrence

thanks Terry, I might have not explained myself properly. the newly opened transaction account is not a offset account, it is only a transaction/saving account, the interest from the IP is deducted from the offset account, and rent will be deposited to. The fund in the transaction is...

Hi Terry, the reason why took such approach was that Not to mix PPOR loan repayment with IP loan repayment. setting up the transaction account was to completed separate the PPOR and IP. could you pls explain a bit more about "could paying more tax"? cheers

Hi guys could you pls advise the following? both PPOR and IP are with the same bank PPOR has an offset account. 1 IP IO, does not has offset account, linked with PPOR offset account (rent comes back to the offset account, IP interest deducted from the offest account as well) did...