So, question about capital gains within a debt recycling. Saw we paydown a loan, then redraw to use it to buy some equities. The equities goes up in value. Thoughts on selling these equities then rebuying similar ones in order to maximize the deductible loan for these shares periodically? Two main issues i see - will have to pay capital gains tax - might be a wash sale? My feeling is that the CGT will probably generally outweight the tax advantages, although if we do this in a trust we might be able to distribute at minimal CGT cost.