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    refinance to buy shares.. tax deduction?

    thanks for all the replies. can I just clarify something... As long as I purchase shares that give dividends then its a 100% tax deduction. my question is... once the money is funded can I simply buy them through my cba netbank trading account? Im assuming that I dont have to...
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    refinance to buy shares.. tax deduction?

    I read this on an australian newspaper: I have a $185,000 mortgage on an investment property worth $350,000, which is breaking even and not providing any negative gearing benefit. I am thinking of refinancing the loan and borrowing an extra $100,000. I would then invest $50,000 in shares and...
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