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No, but if you had non deductible debt it may be better to pay rent into an offset account attached to this.

Sorry I misread it. Yes the money could be used for all of the above. But the birthday present would create a mixed loan because it is a private expense. Also deductibility issues with claiming interest on interest.

In order 1. No - capital expense 2. No - capital expense 3. Not sure what you mean 4. Interest is claimable if it relates to production of income. Borrowing to pay interest is a bit more complicated - Not at all Keep in mind interest on borrowed money used for capital expenses may be...

I would suggest you get tax advice. Sounds messy to me.