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  1. Terry_w

    Question re tax deductibility & loan structure

    Yes, work out total income for the property and this goes to each owner. If it is negative this will reduce their income tax on wages etc. Dad could also purchase 90% daughter 10%. Dad could claim more while it is negative. but will pay more when it is positive.
  2. Terry_w

    Question re tax deductibility & loan structure

    He could own 100% and she could watch?? You can't claim someone the expenses of someone else.
  3. Terry_w

    Question re tax deductibility & loan structure

    No he can only claim 50% of costs in this case.
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