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That's what my accountant said which i preferred his simpler "pay back" explanation as Pushka already posted It makes more sense if she does that. In reality my friend didn't have any income from the rent, she did it on paper to claim few more $K a year without knowing what she will give back...

Hi all, My friend and I have a talk over lunch yesterday and I just felt a bit strange about what her accountant did. My friend bought her principle resident 2years ago and pay P&I for it. Last financial year her accountant suggested they could do something with her cash flow by turned...