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Hiya Laurie Thanks for your kindness. Yes, the whole interest is tax deductible because the intention of the borrowing is to generate an (increased) income. Not sure abt the Qld visit. I know that I have offered to come up for the MSN group after Melb invited me to chat,and I am just...

Hiya Laurie In theory, you should charge your wife interest on the funds that you effectiveluy loan to her to complete the renovation. She can claim interest that she pays to you, and, you will declare interest income that is offset by the interest that you pay to the bank. Yes, interest...