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  • Profile photo of wheatgrasswheatgrass
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    @wheatgrass
    Join Date: 2007
    Post Count: 1

    Hi Guys,

    Not 100% sure but I would actually check that out as the ATO only allow tax deductibility for assets that are income producing. Land on it’s own is not be income producing and thus the interest not tax deductible.

    David P

    [cap]

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