Can I claim a tax deduction from my overseas property mortgage? ?

  • Thread starter Thread starter pilkster
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pilkster

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Further to this question:
http://answers.yahoo.com/question/?qid=20080811141400AAda2Rb
I have found this page:
http://www.ato.gov.au/individuals/content.asp?doc=/content/00107951.htm&page=3&H3
Does the new ruling mean that I can now claim interest on my UK mortgage as a loss on my Australian tax return?
 
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