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Forum: Australia

Mar 2nd 2015, 7:06 am

Replies: 6

Tax Question on Investment Properties in Australia

Views: 836

Posted By Craig Vaughan

Re: Tax Question on Investment Properties in Australia

That is correct - tax is all about purpose. The purpose of that 40k is to pay off your PPR and therefore not deductible.

However, come to buy your next property, if you borrow funds against you...

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