Which of the following statements are about the various sections of the lecture material on taxation of investments in Australia are TRUE:

1. If an investment is sold and has been held for more than 1 year, then only half of the gain is included in an individuals assessable income and is taxed at their marginal rate of tax (plus Medicare Levy).
2. If an individual takes out an investment loan to buy an investment using a principal and interest loan, then their entire loan repayment will normally be an allowable deduction.

A:Neither of the statements are true (both are false)

B:Only statement 1 is true

C:Only statement 2 is true

D:Both statements are true (neither are false)