PropertyInvesting.com | Jon | Activity https://www.propertyinvesting.com/members/johnny99/activity/ Activity feed for Jon. Sun, 12 Apr 2026 22:24:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 0e69a2b7cbd237bf559db954f0e93f95 Jon started the topic Are travel deductions grandfathered for existing portfolios? in the forum Help Needed! https://www.propertyinvesting.com/topic/5037124-are-travel-deductions-grandfathered-for-existing-portfolios/ Fri, 26 May 2017 07:56:44 +0000 I understand that depreciation changes would be grandfathered for existing held properties, but the new changes don’t mention travel deductions for properties already owned. Do we still get them for existing held properties? I have read many articles that don’t make this bit clear, many thanks guys!

]]> 6e9f54c88c37621c2778526f178f7595 Jon started the topic Are travel deductions grandfathered for existing portfolios? in the forum Help Needed! https://www.propertyinvesting.com/topic/5037124-are-travel-deductions-grandfathered-for-existing-portfolios/ Fri, 26 May 2017 07:56:44 +0000 I understand that depreciated changes would be grandfathers for existing held properties, but the new changes don’t mention travel deductions. Do we still get them for existing held properties? Read many articles that don’t make this bit clear, many thanks guys!

]]> d92d3836f1ab645d6280ba437c4a0bbc Jon replied to the topic Have you ever "mystery shopped" your real estate agent sellng your house? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023791-have-you-ever-mystery-shopped-your-real-estate-agent-sellng-your-house/#post-5024887 Fri, 22 Apr 2016 02:42:05 +0000 Thanks for the replies, seems like a asking a few fake questions from a web email address is worth it. Also I have been caught out by “Fake counter offers”. I noticed some properties that I offered on that had been on the market for 6 months or more suddenly got higher offers (according to the agent) just at the same time as I made my offer. Where…[Read more]

]]> fb5b8e38db44ad6506790773eb8e8a96 Jon replied to the topic Have you ever "mystery shopped" your real estate agent sellng your house? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023791-have-you-ever-mystery-shopped-your-real-estate-agent-sellng-your-house/#post-5024872 Fri, 22 Apr 2016 01:21:58 +0000 Thanks for the replies, seems like a asking a few fake questions from a web email address is worth it. Also I have been caught out by “Fake counter offers”. I noticed some properties that I offered on that had been on the market for 6 months or more suddenly got higher offers (according to the agent) just as the same time as I made my offer. Where…[Read more]

]]> 6a9ff52fc22937e8090648fd03091317 Jon started the topic Have you ever "mystery shopped" your real estate agent sellng your house? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023791-have-you-ever-mystery-shopped-your-real-estate-agent-sellng-your-house/ Thu, 14 Apr 2016 04:21:51 +0000 Hi, I am currently looking to buy an investment property and I am always shocked how poor with communication many real estate agents are. Some are superb, but many are not. Multiple unrelplied emails, phone calls not returned, promised information not supplied – even when you are acting very keen and say your a cash buyer seems to be the norm. I…[Read more]

]]> 8b249c59fb7ec0448bc13c67bc1fcd3e Jon replied to the topic Vendor's statement has the council valaution crossed out - seems dodgy? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023067-vendors-statement-has-the-council-valaution-crossed-out-seems-dodgy/#post-5023486 Mon, 04 Apr 2016 23:29:51 +0000 Thanks for the replies. Just got another Vendor’s Statement on a different property with the details crossed out. The last one I asked the agent for the original and haven’t heard back – that was three weeks ago. Seems foolish to doctor the vendor’s statement like this. I know they are wildly off valuations, but there is cause for concern. My…[Read more]

]]> c75e5a257c539833b92b73ecb1e08696 Jon replied to the topic What do you look for in an investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022944-what-do-you-look-for-in-an-investment-property/#post-5023457 Sun, 03 Apr 2016 05:18:44 +0000 Hi the New Guy. I have read books about people who live off the equity increase from their ip portfolio. But with the new lending rules it would seem very hard to get refinanced if you don’t have any job income? With some lenders not taking all or even any rental income into account now it seems like a hard task to live off equity unless you have…[Read more]

]]> a16dab0d6159283f24eaeb49aa6c7718 Jon replied to the topic What do you look for in an investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022944-what-do-you-look-for-in-an-investment-property/#post-5023402 Wed, 30 Mar 2016 23:00:41 +0000 I think what you look for depends on your earnt income.

As a school teacher I have to look for a positively geared property, a negative one would hurt a lot.
Also I really think the Dsr scores are an interesting development. In addition I think you can have positive cashflow and good capital growth. Too many people think you have to choose, but…[Read more]

]]> 83983c3089ae1ef88f174c18162d0c4c Jon replied to the topic What do you look for in an investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022944-what-do-you-look-for-in-an-investment-property/#post-5023402 Wed, 30 Mar 2016 23:00:41 +0000 I think what you look for depends on your earnt income.

As a school teacher I have to look for a positively geared property, a negative one would hurt a lot.
Also I really think the Dsr scores are an interesting development. In addition I think you can have positive cashflow and good capital growth. Too many people think you have to choose, but…[Read more]

]]> 2508af4154ef166c107255d0d737d85c Jon started the topic Ever had a real estate agent not forwarding offers to the seller? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023200-ever-had-a-real-estate-agent-not-forwarding-offers-to-the-seller/ Tue, 22 Mar 2016 07:56:11 +0000 Hi there
A few lowish offers I have put in during my property investing career I suspect the agent has not even forwarded the offer as they deem it too low. One house I offered on the agent seem very reluctant and said a few days later they owner wasn’t interested. A few months later I saw the property had sold for less than my offer! I thought…[Read more]

]]> d7b2c7b677073849ae36e59d99a8ab6a Jon started the topic Vendor's statement has the council valaution crossed out - seems dodgy? in the forum Help Needed! https://www.propertyinvesting.com/topic/5023067-vendors-statement-has-the-council-valaution-crossed-out-seems-dodgy/ Thu, 17 Mar 2016 21:42:36 +0000 Hi,
I am looking at a new investment property and have a target of looking at around 100 and making an offer on about 10. As such I have seen quite a few vendor’s statements…! Just got one through and on the rates notices it looks like a classified document where someone has taken a black marker and crossed out the council valuation, the capital…[Read more]

]]> ad4dab438f514f1949a8748d2d71a445 Jon started the topic Any positives for property investors if negative gearing is scrapped? in the forum Opinionated! https://www.propertyinvesting.com/topic/5022583-any-positives-for-property-investors-if-negative-gearing-is-scrapped/ Sun, 13 Mar 2016 07:46:57 +0000 Labor has said they will grandfather existing negative gearing, so if you have an established negatively geared portfolio could there be any benefits? If rents soar as some predict it will be a win and you’d still get negative gearing benefits on your pre 2017 portfolio.

]]> 0309e971464751135f9a93176a52f0ad Jon replied to the topic Labor announce the end of negative gearing on all property except "new" in the forum Opinionated! https://www.propertyinvesting.com/topic/5020283-labor-announce-the-end-of-negative-gearing-on-all-property-except-new/#post-5022582 Sun, 13 Mar 2016 07:37:50 +0000 Government revenue from stamp duty will fall in they take away negative gearing. Less property changing hands will mean much less stamp duty pouring into the government.

]]> d82b99e57702ddba13f9390e9f5d2c31 Jon replied to the topic At what point does the ATO consider you to be a "Real Estate Professional"? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022011-at-what-point-does-the-ato-consider-you-to-be-a-real-estate-professional/#post-5022295 Tue, 08 Mar 2016 18:58:00 +0000 Thanks for the replies. I was reading a book by Dolf de Roos and he was saying as a real estate professional you can claim 100% of expenses against your income if you were considered as having a business rather than just your marginal tax rate. He is a New Zealander but seems to be speaking more about the US market in this book (Real Estate Insider).

]]> a6f9a83d2c530ebb47ae2f80a8edb785 Jon started the topic At what point does the ATO consider you to be a "Real Estate Professional"? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022011-at-what-point-does-the-ato-consider-you-to-be-a-real-estate-professional/ Mon, 07 Mar 2016 10:37:38 +0000 Hi, just wondering for the future. I have three IP’s now and aim to have 10+ in a few years. When does the ATO regard you as having a real estate business? If I quit my job now and just had three properties would I be seen by the ATO as having a real estate business? At that point I presume you could starting deducting car purchases used as part…[Read more]

]]> 9eb108dbc7a572e8044beb367eee5da3 Jon started the topic At what point does the ATO consider you to be a "Real Estate Professional"? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022011-at-what-point-does-the-ato-consider-you-to-be-a-real-estate-professional/ Mon, 07 Mar 2016 10:37:38 +0000 Hi, just wondering for the future. I have three IP’s now and aim to 10+ in a few years. When does the ATO regard you as having a real estate business? If I quit my job now and just had three properties would I be seen by the ATO as having a real estate business? At that point I presume you could starting deducting car purchases used as part of…[Read more]

]]> 616b77d3b0768cec271dd34e28561d84 Jon replied to the topic Increase in interest rate without warning in the forum Help Needed! https://www.propertyinvesting.com/topic/5021089-increase-in-interest-rate-without-warning-2/#post-5021205 Wed, 02 Mar 2016 03:08:47 +0000 NAB do this too; the loan statement will say something like ****Interest rate from Jan 1st will rise to 4.45%**** and that is the only notice you get. Agreed it is very unfair.

]]> d3f7afadd75e0c818c5bd944d2eed13f Jon replied to the topic Increase in interest rate without warning in the forum Help Needed! https://www.propertyinvesting.com/topic/5021089-increase-in-interest-rate-without-warning-2/#post-5021205 Wed, 02 Mar 2016 03:08:47 +0000 NAB do this too; the state will say something like ****Interest rate from Jan 1st will rise to 4.45%**** and that is the only notice you get. Agreed it is very unfair.

]]> 3be941439b3c926c04bf1fd0b7433c24 Jon replied to the topic Any advantages of buying a IP outright then mortgaging it after purchasing? in the forum Help Needed! https://www.propertyinvesting.com/topic/5018669-any-advantages-of-buying-a-ip-outright-then-mortgaging-it-after-purchasing/#post-5020424 Wed, 17 Feb 2016 21:53:10 +0000 Thanks for the replies. Another reason why this strategy would be good for me is that I often do a few years of contract work then have a few months break between new contracts. Having little time to look whilst I’m working means those few month off are a great time to find new investments, but by being between contracts I would have to use my…[Read more]

]]> 6f425b606c93febd924b71ad57f0ccad Jon replied to the topic Any advantages of buying a IP outright then mortgaging it after purchasing? in the forum Help Needed! https://www.propertyinvesting.com/topic/5018669-any-advantages-of-buying-a-ip-outright-then-mortgaging-it-after-purchasing/#post-5020395 Wed, 17 Feb 2016 08:14:23 +0000 Hi there, thanks for replies. Well just spoke to loans.com.au and they said they would not mortgage a property that had been bought outright unless it was within 3 months of purchase due to their “responsible lending criteria”. So I wonder what lenders would look at it?

]]> b23e35d54be0322c40790d2531433506 Jon started the topic Any advantages of buying a IP outright then mortgaging it after purchasing? in the forum Help Needed! https://www.propertyinvesting.com/topic/5018669-any-advantages-of-buying-a-ip-outright-then-mortgaging-it-after-purchasing/ Thu, 31 Dec 2015 22:21:37 +0000 I am in the position to buy my next (cheap <$300k) IP outright. Is there any benefit to buying it with my cash and then searching for the best mortgage later? The reason I am considering this is:
– I can get a short settlement without worrying about bank being ready for settlement.
– don’t have to get pre approvals and have the “subject to…[Read more]

]]> 6f35b490ff62b89643a9b6b06d3d3f5d Jon started the topic Real Estate agent using images of house interior in their promotional material? in the forum Help Needed! https://www.propertyinvesting.com/topic/5010469-real-estate-agent-using-images-of-house-interior-in-their-advertising/ Fri, 17 Jul 2015 08:31:32 +0000 Hi there,

We just sold our PPR for $1.15 million and it was only a 2 bedroom in Richmond. We were very pleased with the result. We are living here for 90 days more until settlement.

A week later a couple of our neighbors just brought around a flyer that the agent has letter dropped all over Richmond saying:

SOLD! (PROPERTY…[Read more]

]]> 6f35b490ff62b89643a9b6b06d3d3f5d Jon started the topic Real Estate agent using images of house interior in their advertising ? in the forum Help Needed! https://www.propertyinvesting.com/topic/5010469-real-estate-agent-using-images-of-house-interior-in-their-advertising/ Fri, 17 Jul 2015 08:31:32 +0000 Hi there,

We just sold our PPR for $1.15 million and it was only a 2 bedroom in Richmond. We were very pleased with the result. We are living here for 90 days more until settlement.

A week later a couple of our neighbors just brought around a flyer that the agent has letter dropped all over Richmond saying:

SOLD! (PROPERTY…[Read more]

]]> 52a76c8f88ba1caf37cc1f7b44fb2bce Jon started the topic Real Estate agent using images of house interior in their advertising ? in the forum Help Needed! https://www.propertyinvesting.com/topic/5010469-real-estate-agent-using-images-of-house-interior-in-their-advertising/ Fri, 17 Jul 2015 08:31:32 +0000 Hi there,

We just sold our PPR for $1.15 million and it was only a 2 bedroom in Richmond. We were very pleased with the result. We are living here for 90 days more until settlement.

A week later a couple of our neighbors just brought around a flyer that the agent has letter dropped all over Richmond saying:

SOLD! (PROPERTY…[Read more]

]]> 0a9426da9fcdf4d80d66379700654ad6 Jon replied to the topic Does any know who offers No Doc home loans still? in the forum Help Needed! https://www.propertyinvesting.com/topic/5006811-does-any-know-who-offers-no-doc-home-loans-still/#post-5006821 Sun, 03 May 2015 09:29:48 +0000 Thanks Richard, will give you a call Monday!

]]> d55c2ed13a4f331e4a2075afc8c25f49 Jon started the topic Does any know who offers No Doc home loans still? in the forum Help Needed! https://www.propertyinvesting.com/topic/5006811-does-any-know-who-offers-no-doc-home-loans-still/ Sat, 02 May 2015 07:02:25 +0000 Hi there,

We need a no doc home loan. Our situation is that I am between job contracts and have sold our PPI for $990,000. After paying back the existing home loan we have about $700,000 cash. We want to buy a cheaper house for around $800,000 so need a small loan to cover the shortfall. I am to keep around $50,000 cash in hand as a buffer to…[Read more]

]]> 89cdfbaac27dbbeb199386568cbab4fa Jon changed their profile picture https://www.propertyinvesting.com/activity/p/299148/ Sat, 27 Sep 2014 01:19:36 +0000 a9488756c737560f60a02d7cdf4df039 Jon replied to the topic Home Loan company forgot to put house purchase into my name! in the forum Help Needed! https://www.propertyinvesting.com/topic/4993486-home-loan-company-forgot-to-put-house-purchase-into-my-name/#post-4993488 Sat, 09 Aug 2014 08:34:47 +0000 Tools,
Several thousand dollars in opportunity cost as I have passed on property deals as the home loan equity release has been delayed over a month.

]]> 926c623d43701005e8c1116d229ee998 Jon started the topic Home Loan company forgot to put house purchase into my name! in the forum Help Needed! https://www.propertyinvesting.com/topic/4993486-home-loan-company-forgot-to-put-house-purchase-into-my-name/ Sat, 09 Aug 2014 08:19:53 +0000 Hi there,
I bought a property in Horsham back in March this year. Recently I have been refinancing my PPI with the NAB and as a check they ran a title search on all my properties. To my horror the one I bought in March this year came up as still be registered in the last owner’s name. The title office told me the paperwork loans.com.au submitted…[Read more]

]]> afc1722f801e022b9529267efa618b87 Jon replied to the topic Just got NAB to release $740,000 of equity in the house. What to do! in the forum Help Needed! https://www.propertyinvesting.com/topic/4992464-just-got-nab-to-release-740000-of-equity-in-the-house-what-to-do/#post-4992471 Fri, 04 Jul 2014 02:27:20 +0000 Hi there, thanks for the replies. My existing properties are in Mildura and Horsham. With the rental income my total income would be approx $100,000. My wife earns similar money to me but as yet her name is not on the house. They are putting the money in a separate offset account, so no interest payable until its spent. My strategy is to replace…[Read more]

]]> d87e478d8240f74d2c2b3e648747382c Jon started the topic Just got NAB to release $740,000 of equity in the house. What to do! in the forum Help Needed! https://www.propertyinvesting.com/topic/4992464-just-got-nab-to-release-740000-of-equity-in-the-house-what-to-do/ Thu, 03 Jul 2014 23:11:29 +0000 Hi there,
I am a fairly low wage earner, I’m a school teacher on $66,000 a year. I have played the property ladder and this PPR I own in Richmond, Victoria has shot up in value so I have been using the equity to buy three investment properties so far. I have one property rented at $260 a week, one at $255 and one at $240 a week.

I just got the…[Read more]

]]> c9a984507e67f6e3fc605b6a704afeb5 Jon replied to the topic Will Banks Lend To Us? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990607-will-banks-lend-to-us/#post-4992395 Tue, 01 Jul 2014 21:12:57 +0000 If you got a say 0.5 PA% discount through an online provider (my online provider charges 4.49%) over a bank like say National (NAB charges me 5% pa on PPR) over 30 years you would be saving approx $60,000 on a $400,000 property home loan. Online providers can have acceptable structures too, just do the due diligence.

]]> 6b329ae4bee19a261cef6f0b4e6b899e Jon replied to the topic Valuation done on my new investment property is higher than my purchase price? in the forum Help Needed! https://www.propertyinvesting.com/topic/4991413-valuation-done-on-my-new-investment-property-is-higher-than-my-purchase-price/#post-4992393 Tue, 01 Jul 2014 21:03:42 +0000 Hi there, thanks again for the replies. The IP settled on time. In the end was arranged for the seller to give us back $5000 in the settlement adjustments so a reapplication may not always be necessary when you negotiate a lower price after signing contracts.
Cheers

]]> cf40c1e457134f8102c0b8b4bd63d3ab Jon's profile was updated https://www.propertyinvesting.com/activity/p/294658/ Sun, 22 Jun 2014 11:08:21 +0000 c7d775aa5d80c5b6b6a5a049c3cad7e2 Jon changed their profile picture https://www.propertyinvesting.com/activity/p/294657/ Sun, 22 Jun 2014 10:55:54 +0000 d8255b0bcef7b86c9ede40e71ce1876b jmmoss replied to the topic Valuation done on my new investment property is higher than my purchase price? in the forum Help Needed! https://www.propertyinvesting.com/topic/4991413-valuation-done-on-my-new-investment-property-is-higher-than-my-purchase-price/#post-4991535 Mon, 09 Jun 2014 10:20:39 +0000 The loan provider is http://www.loans.com.au. They said they would have to reorder the valuation which takes a few days to get. They move slow but had a 4.48% pa rate which is the best ever in Australia I believe which was the motivation to go with them. Will touch base with them tomorrow and ask if it would b achievable in the time left. Thanks

]]> 671a8dffa48fe62159188e182470410f jmmoss replied to the topic Valuation done on my new investment property is higher than my purchase price? in the forum Help Needed! https://www.propertyinvesting.com/topic/4991413-valuation-done-on-my-new-investment-property-is-higher-than-my-purchase-price/#post-4991512 Mon, 09 Jun 2014 04:06:28 +0000 Thanks for the replies!
I advised my lender and they said officially they would need to restart the whole loan application process and the only way around this is to get the vendor to give me a cheque for $5000 on settlement. As settlement is in two weeks we are hoping to get the cheque from the seller but I guess it would be hard to ensure this…[Read more]

]]> 88d79a397842da181e757b41d23d8328 jmmoss started the topic Valuation done on my new investment property is higher than my purchase price? in the forum Help Needed! https://www.propertyinvesting.com/topic/4991413-valuation-done-on-my-new-investment-property-is-higher-than-my-purchase-price/ Wed, 04 Jun 2014 19:00:05 +0000 Hi there,

I’m completing on IP three this month and the lender’s valuation came back at $155,000 which was my original accepted offer on the property.

I have since had a building inspection done and the builder found a few things wrong which I used to negotiate the new price down to $150,000. Does this mean if I am paying a 20% deposit I can pay…[Read more]

]]> d274c58b7b62babd3ab55f4d25c4ec63 jmmoss replied to the topic It's almost June (what have you achieved) in the forum Help Needed! https://www.propertyinvesting.com/topic/4991019-its-almost-june-what-have-you-achieved/page/2/#post-4991238 Sun, 01 Jun 2014 06:37:45 +0000 I have bought two properties since November 2013 and settling on another this month. Want another two buy this time next year. All positive cash flow properties at the moment. I am a teacher so haven’t the cash to subsidise negatively geared ones at the moment.

]]> 6a40b82f44069617dcbf9973c901b6da jmmoss replied to the topic Dymphna Boholt Incredible Three Day Live Event 17 DVD set with 5 unused workbook in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/4990609-dymphna-boholt-incredible-three-day-live-event-17-dvd-set-with-5-unused-workbook/#post-4991237 Sun, 01 Jun 2014 06:29:22 +0000 Now sold thanks

]]> 473d3084b258d1af2e0ed9922f45170e jmmoss replied to the topic Will Banks Lend To Us? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990607-will-banks-lend-to-us/#post-4990614 Sat, 17 May 2014 03:13:45 +0000 Apply online, much easier, no waiting in branches etc. Also the online only providers nearly always have better rates.

]]> bc10d2488afecf3a67b1ce6eac921a6a jmmoss started the topic Dymphna Boholt Incredible Three Day Live Event 17 DVD set with 5 unused workbook in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/4990609-dymphna-boholt-incredible-three-day-live-event-17-dvd-set-with-5-unused-workbook/ Sat, 17 May 2014 01:12:11 +0000 Hi there,
Just finished this course. It is a mammoth 17 DVD set with lots of good info. $250. Sent Express Post. Pay via Paypal or online bank transfer. Please PM if interest or want to swap for similar sized course from another guru!

<moderator: delete description. See https://www.propertyinvesting.com/topic/4405587-posts-in-this-forum/ for…[Read more]

]]> 14fea9b5a0826924400345bbbde59171 jmmoss replied to the topic The End Of Negative Gearing? in the forum General Property https://www.propertyinvesting.com/topic/4990348-the-end-of-negative-gearing/#post-4990459 Tue, 13 May 2014 10:11:23 +0000 No mention about negative gearing in budget unless my live feed missed something?!

]]> ae227f45afe0a847ee50f263379a0df6 jmmoss replied to the topic What type of vehicle do you have ?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/23/#post-4990124 Sun, 04 May 2014 06:21:47 +0000 Saab 9 3 Aero 2000. It’s very fast, safe and built like a tank, massive boot, leather heated seats – voted most comfortable seats ever in a car and best of all cost $5000 a year ago and you don’t look like your driving a $5000 car!

]]> d44e7757287bdcba7ca30ee6f280ffda Jon changed their profile picture https://www.propertyinvesting.com/activity/p/289783/ Sat, 03 May 2014 23:57:40 +0000 fab49105e23c33490cb86dc079baf9dc jmmoss replied to the topic Is borrowing deposits from PPR tax deductible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990101-is-borrowing-deposits-from-ppr-tax-deductible/#post-4990107 Sat, 03 May 2014 23:26:08 +0000 Ok thanks!

]]> 35d0d2ce41e7a19408b615220768ee26 jmmoss started the topic Is borrowing deposits from PPR tax deductible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4990101-is-borrowing-deposits-from-ppr-tax-deductible/ Sat, 03 May 2014 21:25:02 +0000 Hi guys, just a quick question that has stumped me!
I borrowed the 20% needed deposit for 2 investment properties by redrawing my PPR loan. Is the extra interest I’m paying on the PPR loan tax deductible? Anyway around this in future if it’s not?

Many thanks!

]]>