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If I borrow to pay interest payments on an investment property, can I claim the interest on the borrowings used to pay the original interest payments? If not, can the interest cost be offset against any future capital gain?
Projects
There is more than one way to climb a mountain.
If I borrow to pay interest payments on an investment property, can I claim the interest on the borrowings used to pay the original interest payments? If not, can the interest cost be offset against any future capital gain?
Projects
There is more than one way to climb a mountain.
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