Home improvement loan for rental property

cash_cow

Registered User
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31
Hi,

Wondering if a Home Improvement Loan is tax deducible for a rental property.
I'm considering making some improvements/repairs to a rental property i.e. new windows,insulation, etc and wondering if the Home improvement loan is tax deductible.
Also, may look at adding an extension to the rear of the property so wondering if the Home Improvement Loan interest is tax deductible in that case too.

Thanks !
 
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