Hi, - I own with my wife 1 IP which was previously my PPOR, which rents for $750pw and is valued at $800k - Loan at $400k but only $250k is deductible as I made redraws whilst I was living in it - I am currently renting but wish to buy a new PPOR - My salary $200k / Wife salary $0 My goal is to unlock equity for the PPOR/increase deductibity of loan and have been professionally advised to transfer the IP to a trust and max the loan: - Based on market value $800k i could borrow up to $640k - Pay stamp duty of $30k - After paying out existing loan I net $240k for the new PPOR. I was ready to pull the trigger on this strategy but what has me stumped as a layman is that the losses are trapped in the trust. Annual income will be $39k but expenses will be ~$30k interest + $15k fees/depreciation/rates etc so i'll be taking a loss in the early years of approx $5k+. It will also take approx 5-6 years to recoup costs on the stamp duty. Has anyone else gone through a similar processs and do I have any other alternatives (besides doing nothing with IP and using it as security to buy the new PPOR). Thanks in advance!