Is it true that you were once able to take interest payments out of your wage before tax to pay investment property loans? I think I read somewhere that this scheme was canned by the ato last year.
If it is allowed would this scheme work if the investment property was in the name of a family trust and the wage earner was a trustee of the trust?
If it is allowed would this scheme work if the investment property was in the name of a family trust and the wage earner was a trustee of the trust?