Investment Loan - partial sale of shares

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 · Accepted Answer

Bruce4Tax · Answer

If i sell some of the shares, say $100k can i use those proceeds to pay personal debt (home loan) & will the interest on the $200k investment loan still be 100% deductible as I will still have $300k in shares producing dividend income? No - only half the interest would be deductible, because only half the shares owned.

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