Definition :: The portion of debt that can be claimed as a tax deduction. Prior to taking out a mortgage that involves an investment property an accountant should be contacted to best plan to structure the debt so it is most tax efficient. Debt on an owner occupied property is generally not tax deductible..
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DAIS Investments Suite 1.04, 339 Military Road Cremorne NSW 2090 Ph +612 9908 8875 Fax +612 9908 7061
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