Claim full loan premium vs only interest paidBy Marc Sevitz · Updated 21 November 2014For investment properties, how do I declare the full debit order amount as a loss, instead of only the interest paid on the loan? TaxTim Marc said:21 November 2014 at 16:50You cannot, only the interest payable is allowed as a tax deduction.DeductionsRental IncomeDividendsPenalties
For investment properties, how do I declare the full debit order amount as a loss, instead of only the interest paid on the loan? TaxTim Marc said:21 November 2014 at 16:50You cannot, only the interest payable is allowed as a tax deduction.