Hi all, I purchased my PPOR 9 years ago. 5 years later I bought an IP for $700k The intention with the IP was to move into it sometime in the future to be closer to my disabled mother when her health declines. The time is nearing so to put it simply I cross collateralised both my PPOR and IP to borrow $700k to buy the IP, this was interest only therefore the balance is still $700k. Now by turning my PPOR into an IP will the interest on the $700k still be tax deductible? As with any other expenses incurred whilst renting out my previous PPOR? I'm aware of the 6 year rule for CGT. Thanks, Darren.