What are the tax implications in hirac method

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Question: Hugh and Deb also incurred expenses of $3000 for insurance, $2000 for council rates, $1,000 for agent's fees, and $70,000 interest on the BigBank loan, in relation to the property during the 2022/23 year of income. what are the tax implications in HIRAC method?

Reference no: EM133610938

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