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    Interest on Interest and Capitalising Interest - the Facts

    I would agree with the last statement, that it should not matter where you are putting the rental income whether it be to a loan account, offset, or if you just blow it all on a new car .... I believe it was recommended to put it to an offset account, as that gives you maximum flexibility...
  2. B

    Interest on Interest and Capitalising Interest - the Facts

    I was under the impression Hart dealt more with split loans - and making sure that when you are paying off debt (interest), it must come off both the deductible and non deductible debt. Rather than accruing interest on top of interest on the deductible side, and purely paying down your non...
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    Interest on Interest and Capitalising Interest - the Facts

    depends which credit card - if the credit card is the one used for IP or business related expenses, then that should be fine and interest on the margin loan would still be deductible... If its the credit card used for personal expenditure, then no, well not if they want the margin loan...
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