imo only the $80k is allowable against an investment If you borrow $290k, $200k is to payoff your original loan which is not allowable against an investment as its purpose is to repay your original loan, $80k is for investment and $10k is for costs. Only fees are claimable against an investment. Any costs associated with refinancing for the $200k will also not be allowable against the investment. Stamp duty is not a fee.
TDF
