PropertyInvesting.com | LowRentRacket | Activity https://www.propertyinvesting.com/members/lowrentracket/activity/ Activity feed for LowRentRacket. Sat, 18 Apr 2026 14:26:26 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f89ced1e979b9ca3b509341d750b6c80 LowRentRacket replied to the topic Using credit card "linked to" LoC to pay IP expenses, then sweeping on a monthly basis - valid 'nexus' for tax deduction on LoC? in the forum Finance https://www.propertyinvesting.com/topic/4402586-using-credit-card-linked-to-loc-to-pay-ip-expenses-then-sweeping-on-a-monthly-basis-valid-nexus-for-tax-deduction-on-loc/#post-4640543 Wed, 20 Jul 2011 05:42:30 +0000 @jacqui_03 – just wanted to get back to you…I didn’t actually raise with my guy until recently, tax time and all…he was happy with it, using same reference as @Terryw had provided above, for what it’s worth. The usual caveats apply of course, namely—seek your own professional advice!

cheers

]]> b04d65b68f7f4c0a283fd4c4432cfba1 LowRentRacket replied to the topic Using credit card "linked to" LoC to pay IP expenses, then sweeping on a monthly basis - valid 'nexus' for tax deduction on LoC? in the forum Finance https://www.propertyinvesting.com/topic/4402586-using-credit-card-linked-to-loc-to-pay-ip-expenses-then-sweeping-on-a-monthly-basis-valid-nexus-for-tax-deduction-on-loc/#post-4640540 Thu, 03 Feb 2011 23:01:46 +0000 Sure thing @jacqui_03. mind you, if my accountant is comfy with it, then I won't necessarily bother with the private ruling….cheers

]]> 0a88634ebc80f5a13a77e2318ef281bf LowRentRacket replied to the topic Using credit card "linked to" LoC to pay IP expenses, then sweeping on a monthly basis - valid 'nexus' for tax deduction on LoC? in the forum Finance https://www.propertyinvesting.com/topic/4402586-using-credit-card-linked-to-loc-to-pay-ip-expenses-then-sweeping-on-a-monthly-basis-valid-nexus-for-tax-deduction-on-loc/#post-4640538 Sun, 30 Jan 2011 02:57:53 +0000 Thoroughly helpful, and so quick – thanks @Terryw!

]]> 578cc1fcb6d96d7a35eba02d1b95de19 LowRentRacket replied to the topic Using credit card "linked to" LoC to pay IP expenses, then sweeping on a monthly basis - valid 'nexus' for tax deduction on LoC? in the forum Cheers @Terryw, I look at it https://www.propertyinvesting.com/topic/4402586-using-credit-card-linked-to-loc-to-pay-ip-expenses-then-sweeping-on-a-monthly-basis-valid-nexus-for-tax-deduction-on-loc/#post-4640536 Sun, 30 Jan 2011 01:50:48 +0000 Cheers @Terryw, I look at it this way too, I just thought that I’d put it out there to see whether anyone had run aground on the ‘nexus’ point. With respect to the notion that all I’m doing is a periodic ‘refinancing’, I don’t suppose you could point me to any ATO guidance that explicitly talks about how interest on investment-related debt remains…[Read more]

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