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That's interesting. So if you had a "currently non-deductible" debt (or potential debt, ie funds in an offset or LOC) in your own name, for example, you could lend those funds to the Trust, which the Trust could use to repay you (if it owed you money, which most Trusts probably do - mine sure...

If the person taking out the investment loan and the entity providing the cash up-front are the same entity, then unfortunately, you're screwed with regards to tax deductibility. :o You can't "fix" it other than using the loan proceeds (in excess of those required for settlement) for further...

Is your accountant even aware that you "reimbursed yourself" in this manner? Unless the investment loan was for a different entity than yourself, you've definitely contaminated deductibility. We work on a self-assessment system, so just because you've gotten away with this in the past...

If you purchase the IP within a structure (eg Trust), then you could draw up the funds as a loan from yourself to the Trust, which the Trust can then repay with the loan proceeds. If the IP is in your own name and so is the savings, I think you're out of luck. (Even though I agree it's...