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  1. R

    LOC for shares against PPOR

    I did intend to have it funded to the transaction account where all my rental income and exoenses come out for the inv property. Wouldnt be gard.to track tgat $4k us for loan repayments (expense) and $36k going to my linkednaccount to settle a trade for shares purchase..:p
  2. R

    LOC for shares against PPOR

    Im not exactly following point 2 Terry. The amount I am borrowing is $40k. The entire amount is being used as an expense to aid in income producing asset IE investment property & shares. I cannot see why it cannot be fully deductible.
  3. R

    LOC for shares against PPOR

    I jsut wanted to touch base here. Just to avoid any mishaps.... Still considering borrowing the $40k. Now my plan for the funds is to use $4k to pay for the interest in advance for the investment loan. I believe this is tax deductible as it is an expense related to an income producing asset ie...
  4. R

    LOC for shares against PPOR

    I see, thank you for the clarity
  5. R

    LOC for shares against PPOR

    Hmm well the money.woukdnt be sitting in the offset account long. Totally.forgot about using $4k of the borrowed fudns to fund the interest in advance so good point.just on that. What if i stilk use the $4k to pay for the interest initially but over the next 12 momtjs i end up having $40k in...
  6. R

    LOC for shares against PPOR

    Im in the midst of doing something similar. I want to build a share portfolio of blue chips with high divvies. This is my proposed structure but waiting on a property settlement to go thru hopefully end of April so I can rap this up by EOFY: Borrow one of my IP up to 80% (currently 75%) and...
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