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pi99
发表于 2021-5-12 00:16:01
The answer is NO.
When you hold a loan account and an interest offset deposit account is attached to this account which reduces the interest payable on the loan, any subsequent withdrawal from the deposit account would not be considered a borrowing.
Even though amounts taken from the deposit account would increase the interest paid in relation to the loan, these funds simply represent your savings rather than borrowings.
Hence, no deductions would be available if the rental property is acquired using funds taken from your deposit/offset account. |
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