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Taxisfun2510(Newbie)Newbie
3 Sept 2024

Hi, where there is a court order for a transfer of property that is used to produce investment income, is the additional loan's interest tax deductible? say spouse was paid out $100k, is the $100k loan's interest tax deductible?


If no court order and done amicably, is the additional loan interest above still tax deductible?

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119 views
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Bruce4Tax(Taxicorn)Taxicorn
4 Sept 2024

If you mean borrowing more to pay out spouse, then no deduction for interest on that loan.


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