Search results

I dont' think the investors club ever were saying that interest on borrowings to fund retirement were deductible.

I think the problem with the Harts case was that it was a combined loan facility which was designed to artificially increase tax deductions, and it was advertised as such. The only reason to use that product would be pay off the home loan sooner and increase tax deductions.

Thank you TF. Bantacs latest newsletter also has an article on this and some interesting comments.