Purchasing 2 at once.

This is slightly off topic but since your talking about cross collat...mmm cross collateriziii...ahhhh cross collat thing. i have a question. I have two IPs that i have loans secured against my PPOR. The loans are still tax deductable because they are for income producing assests and the IPs are not mortgaged(ie clear title in my name). The question is 'Is this cross collat (i give up on the word) and does this have any consequences good/bad both now or in the future?

regards michael
 
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