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Thanks Rob, nice work. I don't feel so bad about copping a break fee now!

Rob, Thanks, and presumably the interest cost on money borrowed to pay these fees is also tax-deductible? Breaking may in fact turn out to be a CF+ve exercise?! eg. 5k break fees use 5k borrowed funds from a LOC to pay this at 6.5% pa, $325 pa cost (say you pay this with cash) tax...

Hi there, Are break fees to break a fixed rate loan tax-deductible? (immediately or over 5years?) Thanks.