I am keen to buy another investment property and I have been approved for a loan by Liberty. Liberty has just valued my PPOR and there is enough equity in the house to get the funds I need for the deposit. So, if I refinance with Liberty I can draw the equity and get a loan for a new investment. However, I am currently with A big bank ( who won't give me any more funds) and I have $280,000 in an offset. Liberty as a lender does not have an offset feature. My concern is, if I borrow from Liberty and therefore put my 280,000 into an account with them- will it be considered, for tax reasons- as now permanently attached to my current PPOR? I very much want to keep this $280,000 as flexible, accessible and not commit it to a property. Liberty has talked of an "all in one" account- meaning; I can access the 280,000, but if it is not officially an offset account is that good enough for the tax office? I have posted a few questions on this forum over the past 6 months and I am very grateful for the advice I get. The experts on here are very generous and helpful.