WestPark replied to the topic Super or Property? in the forum No Subject 17 years, 10 months ago
If you are suggesting a Self Managed Super Fund, what are the start up and ongoing costs likely to be
WestPark replied to the topic Tax relief on POPR in the forum Help Needed! 17 years, 10 months ago
Thanks for your advice.
My accountant has also confirmed,” that in Australia, the interest on borrowings are tax deductible only to the extent that the purpose of the borrowings are tax deductible”
I came across the concept from a UK based Property website, where it appears to be possible to borrow up to the value at the time of letting and use…[Read more]