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Can I claim a credit card?

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Wyatt | 28 Jun 2015, 07:55 AM Agree 0
I'm just wondering if I have a credit card just to pay expenses for our investment properties can we claim the interest /fees for that credit card. I know you can claim interest of loans that you take out to pay for repairs ect so just want to confirm its the same with a credit card?
  • Terryw | 02 Jul 2015, 02:15 PM Agree 0
    Yes, normal principles would apply. you may have to apportion if there are other expenses not relating to the property.
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