Retirement Planning & Experiences

[Happy Dude]

The whole re-borrowing against the main residence is most likely non-deductible for tax purposes because once the original loan is paid off, it’s hard to argue it’s done for anything but private purposes

It's called debt recycling I think. I'm not convinced it is as simple as splitting a main residence mortgage for investment purposes (beefed up with equity). There's heaps of spruiking on social media about how easy it is.

edit: I see @33kft has also mentioned debt recycling.