Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!

Q: Is the refinanced loan interest deductible against rental income?

A: Refinanced loan interest is not eligible for tax deduction because the purpose of the loan is not for purchase of the real property being rented out. 

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

Subscribe To Our Newsletter To Get Weekly Dose of Tax Knowledge!

We respect your email privacy

Home     Useful Articles     About Us     Contact Us     Site Map

Copyright 2024    YYC HOLDINGS SDN BHD 201501018259 (1143591-H)    All rights reserved.

YYC New Logo White Text