I have recently bought a property which is a house and has a secondary dwelling on the same title (one asset). I plan to live in the secondary dwelling and rent out the house for the first year or two, then I will switch into the house and rent out the secondary dwelling. My bank has offered a loan which is portioned based on use so $x for owner occupier and $x for investor purpose so they are subject to different rates and managed separately. Some of the things I have read online suggest this is helpful for keeping the two seperate, and not paying an investor rate on the full mortgage, but it doesn't work when it comes to tax time and causes issues. Is this true?
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