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Rixter As far as I know you can fix any part of the STG portfolio MJK Yes it's hard to understand if you don't have access to the flow chart. Anyway, as long as our accountant is happy with our structure we should be ok. Cheers

It's the STGeorge portfolio but you are right looking at the rates the interest is 0.1% higher than standard variable. Thanks

Rixter You can do 1 and 2 with a LOC if you have the right package. Can you expand on 3 and 4 please? Thanks

But let's say the annual interest bill is $20K I borrow that amount from LOC2 LOC2 now goes up by $20K The interest on LOC2 now costs me $1.8Kpa and I pay that $1.8Kfrom my offset. I still have capitalising of expenses but I don't pay interest on interest. How does an argument with the ATO...

Rixter What is the advantage of using an offset instead of a LOC please? Thanks

MJK I think what he means is that by doing so you are paying interest on interest That's the part that the ATO does not like. If you had a separate LOC2 and paid the interest on LOC1 from that there wouldn't be a problem. Don't quote me on this though, check with ur accountant Thanks