Hi all,
Just a quick question - if I have a mixed use loan that I pay off to a zero balance, can I then redraw the funds for investment purposes only and claim deductions?
My thought is yes, but want to be sure the ATO will agree
Thanks!
Just a quick question - if I have a mixed use loan that I pay off to a zero balance, can I then redraw the funds for investment purposes only and claim deductions?
My thought is yes, but want to be sure the ATO will agree
Thanks!