sharetrader
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  1. 02-05-2009, 03:23 PM #1
    AMR
    AMR is offline
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    Default Property investment - claiming deductions

    I am thinking of buying a house and as a first home buyer I would be living in it. The first question is, if I get some flatmates in would I be able to deduct my interest payments from my taxes as an expense?

    Secondly, supposing I believed that property prices were about to fall off a cliff and bought a put option against the likes of FBU or some other listed property investments as a hedging arrangement, would I be able to claim deductions off that?
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.
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  2. 02-05-2009, 07:22 PM #2
    Arthur
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    Default

    Take a look at the "boarders" bit on the IRD site. Should be able to take in 2? with declaring the income.
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