Julia,

If another property is purchased and all loans refinanced under one LOC facility, would the whole loan then be deductable ? I recall seeing another thread on this elsewhere and it seemed viable.

I’m currently looking at another 1-2 properties and it may be more cost effective to do this anyway.

Steve

Thanks Julia,

So where does that leave me and what are my options ?

The purpose of the LOC facilities is clear and well established I feel but your info presented has confused me somewhat…