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	<title>PropertyInvesting.com | Janc | Activity</title>
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				<title>Janc replied to the topic Rental Property - Buildiing up the LOC in the forum "How would the ATO view this</title>
				<link>https://www.propertyinvesting.com/topic/4402449-rental-property-buildiing-up-the-loc/#post-4639611</link>
				<pubDate>Fri, 14 Jan 2011 01:12:51 +0000</pubDate>

									<content:encoded><![CDATA[<p><strong>&quot;How would the ATO view this if we build up the LOC loan to from $60K to say $90K? Would it be a issue or does the &quot;clock start ticking&quot; as far as they are concerned from the day it becomes a rental&quot;</strong>A LOC is not much different to a credit limit on a credit card, interest is only applicable to the amount you have spentThis link should be helpful as&hellip;<span class="activity-read-more" id="activity-read-more-281407"><a href="https://www.propertyinvesting.com/topic/4402449-rental-property-buildiing-up-the-loc/#post-4639611" rel="nofollow">[Read more]</a></span></p>
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