Hello,
Quick question, can you claim the interest on the loan whilst building an investment house & land package if though you don't have a tenant with income coming in?
Let me re-phrase - can you claim interest in that financial year, or is the interest classed as setup purchase costs & written off over 5 years?
Many thanks.
Quick question, can you claim the interest on the loan whilst building an investment house & land package if though you don't have a tenant with income coming in?
Let me re-phrase - can you claim interest in that financial year, or is the interest classed as setup purchase costs & written off over 5 years?
Many thanks.