tax deductions on interest

lundi 4 mai 2015

Evening SS'rs

I have done a bit of a search and can't seem to find the answer this one.

If I purchase an IP with equity from my PPOR that is negative geared and use additional equity from my PPOR (approximately $5000 annually) to fund the shortfall is the additional interest on the $5000 tax deductible ?

Thanks

Logan
tax deductions on interest

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