Is husband entitled to a 100% deduction for all of the interest expenses incurred on a loan (loan is only under husband's name) that is taken out to purchase on a husband and wife jointly owned investment property?
Income and expenses (including loan interest) have to be apportioned according to the ownership interest of the property (i.e. 50/50). There was a similar query on this forum not so long ago.
https://community.ato.gov.au/s/question/a0JRF000001Dydh2AC/p00290422
Income and expenses (including loan interest) have to be apportioned according to the ownership interest of the property (i.e. 50/50). There was a similar query on this forum not so long ago.
https://community.ato.gov.au/s/question/a0JRF000001Dydh2AC/p00290422
21 May 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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