mortgage interest deductible between partners

Discussion in 'Accounting & Tax' started by Judi, 13th Sep, 2016.

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  1. Judi

    Judi Well-Known Member

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    Hi, we currently hold a mortgage with investment property. I understand that couples should spilt the rental income and deductions equally. However, for the interest deductible, does it make any difference if one person is paying all the interest on the loan, therefore can that person claim all the interest deductible?

    Thank you!
     
    Judi, 13th Sep, 2016
    #1
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Terry_w, 13th Sep, 2016
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  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Terry_w, 13th Sep, 2016
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