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  1. M

    Tax deduction for Principle place of residence

    Reply: 2.1.1.1 From: Marina. L Hi Go Anna, When you BUILD an Investment Property you can claim the interest payments through out the course of building the rental property. So if you are paying 10K interest on the funds borrowed from the bank to build your rental property you can fully...
  2. M

    Tax deduction for Principle place of residence

    Reply: 2.1 From: Marina. L Hi Dale, We have a house that we own outright and we are currently building our dream home. We will rent out the new home for about a year that way we can claim all the interest payments on the progress payments and get some huge tax deductions along the way...
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