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  1. Sim

    Change of use (PPOR - IP) & tax deductibility of loan interest

    Re: Change of use This is a common misconception, and one sadly propogated by some misguided accountants too ! The key is not to confuse the "purpose" being to buy a "PPOR" as opposed to a "house". The loan is to buy an asset. This asset is a house. While you live in the house as your...
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