Sentences with «borrowings for investment purposes»
These include charitable donations and investment - related expenses used to earn income, like interest payments on money borrowed for investment purposes, investment counselling fees, even safe - deposit box rental fees. (castlemarkwealth.com)
To put this in another perspective — if borrowing for investment purposes had only risen at the same rate as borrowing for owner - occupation, the aggregate debt to income ratio would only have reached 109 per cent, not the 125 per cent that actually occurred. (rba.gov.au)
This way, you receive a deduction for your RRSP contribution, and the interest on the loan borrowed for investment purposes should also be tax deductible provided certain conditions are met (see topic 150). (taxplanningguide.ca)