I've read 'How to avoid mixing personal and investment funds when paying IP expenses?' but couldn't spot this particular question in there. Dropping question here for myself and anyone else that comes along later with a similar scenario.
I grabbed some ceiling fans for our IP using our PPOR Offset (1) debit card today. I have:
If I was to redraw exact amount for the transaction from 3 > 2 > 1 (or 3 > 1) would that break the required deductibility principles (of not mixing personal and investment funds)? Does my highlighting affect this at all?
I grabbed some ceiling fans for our IP using our PPOR Offset (1) debit card today. I have:
- PPOR Offset
- IO Loan Sub-Account
- Equity IO Loan
If I was to redraw exact amount for the transaction from 3 > 2 > 1 (or 3 > 1) would that break the required deductibility principles (of not mixing personal and investment funds)? Does my highlighting affect this at all?