Btonthemove replied to the topic Can you claim interest as a deduction on a deposit in the forum Help Needed! 11 years, 7 months ago
Hi,
I have exactly the same question, just want to clarify – i can borrow the deposit and claim the interest charges on that deposit against my annual tax? Is there any special structure you are talking about as the bank doesn't assign the property against the loan for the deposit. My accountant gave me a response that just confused me -…[Read more]