Investors in property reclaim the capability to assert interest expenses.

In a recent announcement, Associate Finance Minister David Seymour revealed promising news for property investors. Starting April 1 this year, investors will regain the ability to claim 80% of their home loan interest expenses as a tax-deductible cost. Even more encouraging, this figure will climb to 100% by April 1 of the following year. This accelerated timeline offers a quicker route for investors to maximize their tax benefits and potentially boost their investment returns- great news!

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