Investing and Finance

Can Mortgage Interest Be Deducted From Capital Gains

Can Mortgage Interest Be Deducted From Capital Gains

Can mortgage interest be deducted from capital gains? According to my observations, depending on the investment and the pertinent product’s attributes, potential tax results may be: The investment is liable to capital gains tax (CGT); interest may be included in the investment’s cost base, meaning the interest paid cannot be written off. The claim will

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