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  1. michaelg

    Tax deductions 1st time round

    Reply: 1 From: Michael G Hi, Depends on a) ownership b) marginal tax rate. For example; $100,000 home, owned 50/50 by you and partner. You earn $72,000 per annum and partner earns $46,000 per annum. Let's assume total deductions equals $10,000 Since the ownership is 50/50 the deductions...