New purchase, where to link offset account PPOR or IP?

[cmack]

Hi all,

After purchasing my first property (IP) two years ago, I have just purchased my second property (PPOR). The past 2 years I have had an offset account linked to my IP loan which is interest only. My question is, now that I will have an IP and a PPOR which loan should I link the offset account to? Or does it not matter? Both loans are interest only and I have no intention to pay off any principle at this stage. I would like to save for a 3rd property in due corse. Thanks in advance, I look forward to the responses.

 

[Aaron_C]

Against PPOR for sure since that interest is not tax deductible.

 

[Mick C]

PPOR.

As per reason above.

 

[Peter_Tersteeg]

PPOR every time.

 

[cmack]

Thanks guys! Thought that sounded right.