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Reply: 1.1.1 From: Dale Gatherum-Goss Hi Rolf No, we cannot assume that, as, that situation would form a completely different set of circumstances entirely and I would imagine the interest would be tax deductible. Yes, the goal posts are moving quite quickly at the moment and I think we're...

Reply: 1 From: Dale Gatherum-Goss On 2/6/02 10:05:00 AM, Steve Kiddle wrote: >Question for the accountants > >I buy an IP on Line of Credit >account with some surplus for >addit borrowings. >Then I pay all property >expenses out of LOC account, >incl interest while all rental >income I take...