- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How much credit do we receive on an investment expense?
example. If we were to borrow $10000 for the year for investment purposes. How much of a tax credit do we receive based on the borrowed amount?
December 12, 2022
6:44 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors and rental owners
There is no credit for interest expense. Instead you can claim the amount of interest you paid as a deduction from your income.
December 13, 2022
6:13 AM