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c3094349(Newbie)Newbie
17 June 2025

I rennovated a investment property using cash 18 months ago. I want to release equity in the property now to pay for the above upgrades, but instead of re investing this in another invesment i want to put that on my ppor.

Is this release tax deductible given it could have just paid for the investment rennovations 18 months prior despite it being put on my PPOR.

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IS THIS EQUITY RELEASE TAX DEDUCTIBLE | ATO Community