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Purchasing an investment property in one name but loan is in two names

Newbie

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Replies 2

My husband and I have purchased an investment property.  We purchased it under my name.  The loan for the property from the bank is under both our names.  

Can we claim the interest on the loan for tax purposes just under my name, given the property is owned only by me?

Thanks

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Most helpful response

ATO Certified Response

ATO Community Support

Replies 1

Hi @Topsy

 

We've answered this in a previous thread that should answer your question. Have a read through and see if that helps you.

 

Let us know if you have any further questions. 

2 REPLIES 2

Most helpful response

ATO Certified Response

ATO Community Support

Replies 1

Hi @Topsy

 

We've answered this in a previous thread that should answer your question. Have a read through and see if that helps you.

 

Let us know if you have any further questions. 

Newbie

Replies 0

Thanks so much Ethan, that has answered my question.