I have an IP that the redraw has added up to about $900. I still use an offset for everything. I have a IP bill that I want to use this $900 to pay, however I can only redraw into my bank accounts and not pay the bill directly from the redraw.
To keep the entire loan tax deductible is it as simple as redrawing into my bank account (could even make an account zero), and then paying the bill from that account?
I know I need to run it by the accountant but interested if anyone else has come up against this.
Cheers