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mortgage interest deductible between partners

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

  1. Judi

    Judi Member

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    10th Jun, 2016
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    Location:
    Melbourne
    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!
     
  2. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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  3. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

    Joined:
    18th Jun, 2015
    Posts:
    9,045
    Location:
    Sydney