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				<title>2C replied to the topic Convert PPOR to IP in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4395978-convert-ppor-to-ip/#post-4602330</link>
				<pubDate>Wed, 15 Apr 2009 11:08:10 +0000</pubDate>

									<content:encoded><![CDATA[<p>eddiec wrote:</p>
<p>Terryw wrote:<br />
if the renos were done to improve the house that you are going to be making rental income out of, then the interest should be deductible.</p>
<p>I agree with Terry &#8211; the interest on the loan in relation to the renovations will become tax-deductible when the property becomes available for rent.  Should also see if you&hellip;<span class="activity-read-more" id="activity-read-more-43865"><a href="https://www.propertyinvesting.com/topic/4395978-convert-ppor-to-ip/#post-4602330" rel="nofollow">[Read more]</a></span></p>
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				<title>2C replied to the topic Convert PPOR to IP in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4395978-convert-ppor-to-ip/#post-4602329</link>
				<pubDate>Wed, 15 Apr 2009 11:03:31 +0000</pubDate>

									<content:encoded><![CDATA[<p>Qlds007 wrote:<br />
Alternatively, would I be better off transferring the house to myself (higher income) and negatively gearing the full market value ($350K) and wear the stamp duty costs?This will depend on numourous factors including: Your marginal Tax rate, the State in which the property is located, how long you intend to keep the property,&hellip;<span class="activity-read-more" id="activity-read-more-43864"><a href="https://www.propertyinvesting.com/topic/4395978-convert-ppor-to-ip/#post-4602329" rel="nofollow">[Read more]</a></span></p>
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