Loan for BES Investment - is it allowable??

G

Gerry123

Guest
I took out a loan for a BES investment which after the 5 year period was worth nothing - is the interest on the loan allowable?

Separately I took out a loan as second mortgage on my home for investment in a partnership which purchased a commercial property - again is the interest on that loan allowable?

Your help would be much appreciated.
Thanks
 
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