Watch the tax implications when refinancing investment loans

A clear accounting link between the initial mortgage to acquire the property, and the refinanced amount, must be maintained if investors wish to offset the interest paid on their investment mortgage.

Be wary of refinancing and including home and investment properties under one mortgage, which may cause the Tax Office to raise a red flag. Speak to your accountant before you refinance.

This article is from Property Observer's free ebook Mastering the Art of Refinancing: 12 tips for success and key things to consider.