Thanks for the replies
Matthew, by setting up a separate split loan, would the interest payable for the 24k be in the same interest rate as my 1st IP loan? Also, what is your thought on setting up a trust for my IPs, in terms of assets protection, as my goal is to grow a multiple properties portfolio?
Terry, I don't quite understand about your view on tax implications. I do not intend to move back into my 1st IP and my potential 2nd IP, would it be best to set up an Interest Only loan with offset account? Also, what is your view on setting up a trust for IPs?
