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Claim for mortgage interest on Air BnB wing

‎26-01-2020 08:32 AM
Ramesh25
Level 1
Wellington, New Zealand
‎26-01-2020 08:32 AM

Claim for mortgage interest on Air BnB wing

I am in the process of building an Air BnB wing as part of building my residential home. I am getting a loan to cover the building cost of the Air BnB wing while the rest of the house would be mortgage free.  Realize that I could claim a raft of expenses. However would I be able to claim the entire loan interest relating to the Air BnB wing as the rest of the home would be mortgage free?  My rental rate would exceed NZ$ 50/room, so I would be on claiming on actual expenditure.  Appreciate your thoughts on this.

‎26-01-2020 08:32 AM
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