I have a credit card that i have not used in the last year, it has a zero balance.
I am about to renovate my new IP and was hoping to used this credit card for a few of the purchases at Bunnings and other suppliers and then pay the balance at the end of the month with my loan linked to the rental property.
I cant see any problem with this but i am i know that logic doesnt always apply to the tax law. Does anyone have any comments on whether this will cause me any deductible issues with the loan?
Paying IP costs on credit card
I am about to renovate my new IP and was hoping to used this credit card for a few of the purchases at Bunnings and other suppliers and then pay the balance at the end of the month with my loan linked to the rental property.
I cant see any problem with this but i am i know that logic doesnt always apply to the tax law. Does anyone have any comments on whether this will cause me any deductible issues with the loan?
0 commentaires:
Enregistrer un commentaire