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Lotana, My understanding is that the name on the title of the investment determines who can claim the interest. I was simply pointing out that doing it with a redraw would make part of the loan deductable and part not - a bit of an accounting mess. Regards, Jason

ALthough you say refinancing is not an option ... It would be best to get a separate loan account/split set up secured by the same property and have the available "redraw" put into this account. Then use this for investment purposes. Speak to your bank or your broker about whether this is...