How mortgage interest repayments aren’t tax deductible is beyond me as well.
Don't really understand why they should be. Would only make sense as an offset against the in-kind imputed rental income you receive from living in the dwelling.... but that's a net tax increase for mortgaged homeowners (before we even get to capital gains).
Don't really understand why they should be. Would only make sense as an offset against the in-kind imputed rental income you receive from living in the dwelling.... but that's a net tax increase for mortgaged homeowners (before we even get to capital gains).