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    Is this type of interest deductible?

    Reply: 1.1.2 From: Patrick Bruadair Gail, I hold down a full-time job and simply don't have the time to get involved in the details of bringing the development from concept stage through to execution.I have had to leverage resources in the form of an individual who has successfully acted as...
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    Is this type of interest deductible?

    From: Patrick Bruadair I bought an old house on a block of land and have had plans prepared for a three unit development. Once completed, I will be retaining all three units for rental i.e. income producing purposes. I haven't rented out the old house while plans for the development were being...
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