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  1. DaleGG

    Tax deductability of LMI

    Reply: 1.1.1.1.1.1 From: Dale Gatherum-Goss Hiya Rolf I agree wholeheartedly and would be prepared to claim on that basis. Mind you, I would emphasize the need to document the who, what's, where's when and why's. Have fun and great discussion, Rolf Dale
  2. DaleGG

    Tax deductability of LMI

    Reply: 1.1.1.1 From: Dale Gatherum-Goss HI I can see both arguments. The 10% that threw the loan into LMI is for investment purposes and so it might be claimable. However, if I was going to go down this path, I would ask my client to write a letter to the relevant, friendly mortgage broker...
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