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  1. M

    confusing letter (and invoice) from ATO

    Mez, once you sell the asset the loan used to purchase it is no longer deductible. Otherwise we would all buy an IP, sell it and use the money to buy a PPOR and still claim the interest. Marg
  2. M

    confusing letter (and invoice) from ATO

    For many years I had to do quarterly tax payments because of my investment income. Once "extra income" over and above the salary subject to PAYG tax is received, you then go on to instalments. When you lodge your tax return this is taken into account. Unless you expect your investment...
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