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	<title>PropertyInvesting.com | PPR remortgage | Activity</title>
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				<title>PPR remortgage replied to the topic PPR vs IP remortgage question in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4403605-ppr-vs-ip-remortgage-question/#post-4647525</link>
				<pubDate>Thu, 12 May 2011 13:03:46 +0000</pubDate>

									<content:encoded><![CDATA[<p>ALF1 wrote:<br />
Hi PPR, and welcome to our Forum.You can swap and you can reverse your current PPR with your IP. But, with regards to the tax implications however, if you are using a 221d variation then that shouldn&#039;t change if your leverage remains the same but your claimable depreciation allowances will change if your current PPR is older than&hellip;<span class="activity-read-more" id="activity-read-more-29770"><a href="https://www.propertyinvesting.com/topic/4403605-ppr-vs-ip-remortgage-question/#post-4647525" rel="nofollow">[Read more]</a></span></p>
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				<title>PPR remortgage replied to the topic PPR vs IP remortgage question in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4403605-ppr-vs-ip-remortgage-question/#post-4647523</link>
				<pubDate>Thu, 12 May 2011 12:37:13 +0000</pubDate>

									<content:encoded><![CDATA[<p>Terryw wrote:<br />
Deductibility depends on the purpose and use of the funds borrowed. So if you borrowed $200,000 for an IP and that IP becomes a private residence then the interest on that $200,000 will no longer be deductible.What you could do is talk to a tax expert about setting up a LOC on your PPOR, in addition to your $170,000 loan, and then&hellip;<span class="activity-read-more" id="activity-read-more-29768"><a href="https://www.propertyinvesting.com/topic/4403605-ppr-vs-ip-remortgage-question/#post-4647523" rel="nofollow">[Read more]</a></span></p>
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