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Date Posted: Thursday, October 21, 03:34:42pm
Author: Sven
Subject: Deductions for borrowing money

I recently purchased an investment property in the Northern Territory and have incurred expenses such as stamp duty on the property. Is this a tax deduction?

I also used an extension of my home loan to purchase the property , how do I calculate the amount of interest that I can claim as a tax deduction ??

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