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41. Claiming Interest After the Sale of an Asset
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Once an asset is sold the interest on any loan used to acquire that asset can no longer be claimed. There is, however, one limited exception to this rule and that is where an asset is sold at an amount less than the loan used to acquire it.
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By TerrywFan Mail - Send us a Text Message
Once an asset is sold the interest on any loan used to acquire that asset can no longer be claimed. There is, however, one limited exception to this rule and that is where an asset is sold at an amount less than the loan used to acquire it.
www.structuring.com.au
Support the show
www.structuring.com.au
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