First time poster but long time reader of SS/Property Chat. Firstly, a very big thank you to everyone who posts their experiences here – I have learnt so much. My question is when you have multiple IP loans how do you allocate payments to paying off the loans? About to pay off the PPOR (ie its in the offset) as all IP income goes towards the PPOR and all IP expenses are coming out of a LOC. So how do you allocate excess cash above the rents to the IP loans - is it via amount owing, interest rate (all my IP rates are the same), highest tax rate, equal payments, pro rata? All properties are neutral after tax and I want to pay some principal down. My scenario is this: IP#1 – Loan $190k – my name on title (my tax rate is higher than my partner’s tax rate); IP#2 – Loan $330k – partner’s name on title; IP#3 – Loan $580k – joint names; IP#4 – Loan $1m – my name. Each loan has an offset account so this is where the payments will go.