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Date Posted: Tuesday, December 17, 11:51:20am
Author: Luke
Subject: Re: Investment property taxation
In reply to: Kai Ryan 's message, "Investment property taxation" on Monday, December 16, 11:11:51am

Given that your loan was taken out in order to purchase your investment property all of the interest payments made are deductible. Extending your loan will not affect the deductibility of the interest.
However, I anticipate that much of the work to be done on the house will be capital improvements and are termed 'initial repairs' and these will not be deductible. But these items may be depreciated are various rates depending on the the asset.

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