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  1. S

    Is my logic Right?

    Say to borrow a $1000 at 5.95% - costs me $59.50 each year in interest (interest only loan). Less tax (at top marginal rate) really costs me about $30.00 So I borrow and spend $1000 on renovation of a recent IP purchase This gives me a depreciation (say 10% for carpet and lino). ...allowing...
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