nz shares or property

[fungus pudding]

Would be good - and productive too.
Unfortunately many people buying rental property wouldn't have the nouse to run a small business. Residential property is much easier.

Annd many people who buy a small business should have had the nouse not to.

[Sgt Pepper]

Annd many people who buy a small business should have had the nouse not to.

This may have been covered before, but can someone more experienced or informed than myself answer this question.
If borrowing to buy shares, via mortgage security, is the interest component tax deductible?

[kiora]

It is if they were brought for dividend income

[fungus pudding]

This may have been covered before, but can someone more experienced or informed than myself answer this question.
If borrowing to buy shares, via mortgage security, is the interest component tax deductible?

It is, but not restricted to mortgage security. It doesn't matter what the security is, and even if you can borrow with no security (from your grandmother or mistress ?) the interest is still a cost.