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Which of the following statements are correct? a. Borrowing expenses incurred on money borrowed to purchase a rental property are fully deductible. b. Interest paid
Which of the following statements are correct? a. Borrowing expenses incurred on money borrowed to purchase a rental property are fully deductible. b. Interest paid on a loan used to buy investment shares is fully deductible. c. Payments to a wife working in the family business are fully deductible. d. Expenditure incurred for an overseas conference where a holiday is also taken is fully deductible
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