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Hi Terry_W, Thanks for the reply. Let's take a PPOR example then, 2012 I buy PPOR for $500K, ($100 deposit, $400K Loan). 2022 Value of PPOR is $900K (Loan $400K, Equity $500K). I draw down $300K giving (Org Loan $400K, Draw down Loan $300K, Equity $200K). 2023 Decide to rent...

Hi Guys, and thanks for your responses. Just so I get this straight, what you are saying Terry_W is this: 2012 IP1 value = $300K (Loan $250K, Equity $50K) 2022 IP1 value = $600K (Loan $250K, Equity $350K) Draw Down $200K to purchase IP2 Results IP1 value = $600K (Loan $250K attributed to IP1...

Hi All, Thinking way ahead, hope the rules don't change. Currently if you draw down for the purpose of re-investing in another IP, the Drawn Down loan amount from the IP will still be fully tax deductible. Example: 2012 IP value = $300K (Loan $250K, Equity $50K) 2022 IP value =...