JIT 28th Oct, 2009 #1 Hi there, Is the rate lock fee to fix interest rates on an IP loan tax-deductible? Thanks.
J jrc 29th Oct, 2009 #2 I would assume that would be a borrowing expenses and deductible over 5 years or the term of the loan whichever is shorter
I would assume that would be a borrowing expenses and deductible over 5 years or the term of the loan whichever is shorter