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  • Profile photo of Chris2012Chris2012
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    @chris2012
    Join Date: 2012
    Post Count: 6

    No not separate loans so i guess that means no sad  Just increased the loan amounts

    Profile photo of Chris2012Chris2012
    Participant
    @chris2012
    Join Date: 2012
    Post Count: 6

    You cannot proportion the deduction ?

    Profile photo of Chris2012Chris2012
    Participant
    @chris2012
    Join Date: 2012
    Post Count: 6

    We had the property revalued and extended to loan ready for our next purchase.

    Could I pay the council rates of the IP, which is a tax deductible expense, from these borrowed funds?

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