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dwightgunning | 4 years ago

This is still in place for PPOR. Does not apply for investment properties AFAIK.

discuss

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hvdijk|4 years ago

There are a few other cases where it applies as well, but you're right that it doesn't apply to investment properties.

Also, it's no longer always a full write off, it's a write off at a capped rate. Those with low incomes have a full write off, those with high incomes see a more limited effect.

the-dude|4 years ago

Note to self : PPOR means 'Principal Place of Residence' here.

varjag|4 years ago

Since most people would like themselves a PPOR that still has the effect of heating up the market.