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New Member
posted Oct 30, 2019 3:19:37 PM

Can interest on borrowed money for a deposit for a rental property currently under construction be claimed even though there is no rental income yet? If so, where?

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1 Replies
New Member
Oct 30, 2019 3:19:38 PM

Unfortunately  this is not a tax deductible expense  till the property is build and registered in your name.