Deductibility follows what the borrowed money bought, not the house securing it. Keep the investment split intact from listing to the first statement after settlement.
Home › Resources › Selling Home Mid-Strategy Checklist
Selling the family home does not end the deduction on your investment split by itself. The risk sits in what happens to one split on settlement day: repaid from proceeds, merged into a new home loan or redrawn for the next deposit.
The checklist follows our guide to selling the family home mid-strategy. Start it before you list, because the lending answer shapes the settlement dates you can agree to.
Moving lenders as part of the move? Our refinance for debt recycling service carries the split across account for account.
Alex can look at how your loan is set up and tell you what would need to change. Free, no-obligation call, by phone or video.
Request a call with Alex →Often, yes. Portability, which many lenders document as substitution of security, swaps the property behind the loan without repaying it, so the split keeps its account number and purpose. Where that is unavailable, a new split that directly repays the old one at settlement can preserve the trail. Lender policies vary.
The deductible borrowing ends. The portfolio still exists and keeps producing income, but there is no loan attached to claim interest on. Rebuilding it means borrowing and investing again, which can involve selling assets and triggering capital gains tax, so plan the structure before settlement.
What happens to your deductible debt when you move.
Read more → GUIDEMoving a split to a new lender without breaking the trail.
Read more → RESOURCEThe yearly check to run once you have moved.
Read more →
1. Arranged a loan when our small business situation made it difficult to qualify.
2. Met requirements to have funding available by a specified date.
3. Understood my needs to setup debt recycling to allow tax structuring.
4. Communicated well throughout.
I would use their services again.
Alex, Jess and the Kingfisher team were second to none and their process from start to finish was faultless. As a self-employed business owner, it can be difficult to obtain finance at the best of times. The Kingfisher team made this an easy and efficient proposition and their continued transparent and efficient communication ensured we were kept up to date at all times. Highly recommend them for your finance needs!
Alex and Jess dealt with our investment loan and provided a top tier service. They kept us up to date and communicated every step of the process making it a seamless and smooth experience! Awesome work team we will definitely be back for future loans!
Jess from Kingfisher was outstanding. I couldn't fault her communication, expertise or dedication to finding the best loan for our situation. The entire process was seamless from start to finish. We'll definitely be using Kingfisher again in the future. A top-tier organisation.
