The types of borrowing expenses you can claim as income tax deductions for taking out a loan depend on what type of loan you are taking out, for example if you are or have taken out a loan to purchase a rental property then you may be eligible to claim a tax deduction on lender?s mortgage insurance. You should contact the Australian Taxation Office or speak to an accountant for additional information.


If you would like to meet with one of our expert Aussie Mortgage Broker?s to discuss taking out a home loan please call us on 1300 44 55 66 or submit a request for your free appointment online.