My questions is:
1.) If I use the redraw as a deposit to purchase an IP with an associated loan and rent it out. (At this time I would make minimum loan repayments and make no further redraws on my PPOR loan.) Then at a later date if I moved out of my current PPOR into the IP (that becoming my PPOR) with my original PPOR now becoming an IP instead. Would I now be able to claim tax deductions on interest related to the redraw on the IP (my original PPOR) because I had used the redraw for income generating purposes?