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monstermunch

  • monstermunch replied to the topic Basic question on deductable interest in the forum Help Needed! 16 years, 6 months ago

    Hi RichardThanks for the advice. I must say I'm  quite surprised – was pretty sure the UK inland revenue didn't allow this and thought it was only for negatively geared losses over here!So, for example, if I wanted to buy a $200K property with a 5% deposit and have a mortgage (sorry, home loan) of $190K  at 10% (for ease of calculation),  the int…[Read more]

monstermunch

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