J
joemurphy
Guest
Hi
If I top up the mortgage on my principle residence specifically to buy an investment property can I write off the interest I pay on that portion of the mortgage against the rental income?
Are there any extra hoops to go through with the revenue to prove that the mortgage top up was to fund the investment property
I would appreciate an answer from someone who knows the situation 100% or has done it themselve
many thanks in advance
joe
If I top up the mortgage on my principle residence specifically to buy an investment property can I write off the interest I pay on that portion of the mortgage against the rental income?
Are there any extra hoops to go through with the revenue to prove that the mortgage top up was to fund the investment property
I would appreciate an answer from someone who knows the situation 100% or has done it themselve
many thanks in advance
joe