Search results

yes - shares will be income producing but with franking and smaller div yield it should help manage the tax liability. Sounds like should pay down the LOC completely and then draw for any other uses. I will also sell and re-purchase the parcel of shares that were recently purchased. The...

Hi All, I think I've got myself in a bit of a twist on how to maintain deductibility on a LOC while moving between asset classes. A classic case of acting before thinking it through!! Situation is (round numbers): Existing IP - Purchase Price $1m 80% Lend with 3 IO splits ($700k)...