Hi Terry I just read your old post: Legal Tip 15: An issue with mixed purpose loans where both portions are investment The takeaways I got from...
The LOC was used to buy ETFs / managed funds (doesn't seem like a great idea in hindsight). And the other loan was for the investment property.
Thanks for your reply. To be clear, both loans are for income producing purposes. The home loan portion is for a the investment property. My...
Hi I'm considering a refinance and would like to know if I could lose deductibility on the interest. My current situation: Home loan + LOC...
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