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I think you are confusing the issue here Pete. Interest on interest is a grey area sure but interest on a loan used to assist in acquiring an investment is deductible. disclaimer not a tax guy

I have this come up a lot. Guidance from the ATO would be nice. Terry's answer while correct is the black and white version and it appears to me that there is whole lot of grey there ie 2 and 3 can both be OK in certain instances. If you can manage to do it direct from the loan that's...