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Apologies if i get u guys angry, and i know i really shud be talking to my accountant to clarify. But ur comment about the $20k (which is in the Everyday offset account), the $20k is offsetting my $210k loan. How do i calculate the interest on the $20k loan? Also should i now setup a Offset...

Don't if this makes a difference, but i do Not have PPOR. All loans setup are investment purposes, and i have Not used any money for personal expenses. I have just topped up with some of my personal income, into the equity loan. Regards, k88k.

Oh no!... if this can not be rectified, how do i stop this? what options do i have? NB: i input some of my personal income into the account, as it is a Everyday Offset account. I have NOT withdrawn any funds for personal use, all expenses so far are IP related. Regards, k88k.

Hi guys, Recently purchased my second IP and i know i should have asked prior to purchase, with regards to loan structuring. Please assist me with the current situation i'm in. Loan with CBA IP1 - purchased in 2008, was paying P+I and now changed to IO recently prior to purchase of 2nd...