Reload original page
 |
|
|
Loan discharge fees - Deductable?diclem [537 Posts]  Hi, Does anyone know if any of these fees would be tax deductable as it is an investment loan? Or do I just have to wear it? "Be careful not to step on the flowers when you're reaching for the stars" AVD [8 Posts] Hi! Generally borrowing costs are amortised over 5 years or the life of the loan, whichever is shorter. The old borrowing costs on the loan you are paying out that you will currently be claiming over 5 years are amortised in full the year that you refinanced. Regards, Alysha   diclem [537 Posts] Thank you for your reply Alysha, "Be careful not to step on the flowers when you're reaching for the stars" |
User loginBest Seller
In The NewsRental Scheme Announced The Government's National Rental Affordability Scheme will introduce properties that rent for 20% below market value. Inflation Above Expectations June qtr inflations was above expectations & annual CPI is 4.5% - well above RBA target thresholds. Aussie Dollar Booming Aussie dollar above US $0.98 after greenback softens. Today's TipNothing down deals are common... but finding a nothing down deal that makes money
can be quite tricky <more> Active forum topicsRemoval of internal flat wall Author: miike Who's OnlineTake The Test
|
|