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  1. W

    Paid with PPOR Offset....Will this work?

    Thanks Rob G.
  2. W

    Paid with PPOR Offset....Will this work?

    Thanks Paul. My toilet is just one of the payments I'm going to be making and needing to be reimbursed for as we are starting a minor renovation prior to sale. After saying this is not something I usually need to worry about earlier in the thread, here I am having to make many payments for...
  3. W

    Paid with PPOR Offset....Will this work?

    Thanks Terry. I am a trustee and a beneficiary (I think). So, for example, last night the toilet cost me $170. I paid on my credit card, came home sent a scan of the receipt to my brother. He drew on the LOC and added the cost to the spreadsheet for the house the toilet is going into. (I can...
  4. W

    Paid with PPOR Offset....Will this work?

    I'm confused now. We are renovating a house to sell. I bought a toilet from Bunnings yesterday, paid on my card and will draw down the trust working account or the LOC to reimburse myself. My brother will update the spreadsheet to show that the funds coming from the LOC (or the trust working...
  5. W

    Paid with PPOR Offset....Will this work?

    I didn't pay for any opinion :p. I just was told that by someone, cannot remember who, but it wasn't the lady at the bus stop. Maybe it was the cat? It was either a broker, an accountant or someone who should have known better. Clearly then it isn't the case? Doesn't affect me because I don't...
  6. W

    Paid with PPOR Offset....Will this work?

    I was told years ago that if I bought something (fans, pavers?) for an IP on my credit card, as long as I transferred the exact amount from a loan for that IP to pay back the credit card, the interest on the drawing to repay the card would be claimable. This is not something we do but does...
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