GREY:XEBEQ - Post by User
Comment by
Mofonomoon May 09, 2021 10:03pm
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Post# 33162914
RE:RE:RE:RE:Cash Damming
RE:RE:RE:RE:Cash Damming ZouZS3 wrote:
works with a non dividend paying company?
No it does not. The official rules are here:
CRA Carrying Charges The 4th bullet point states:
most interest you pay on money you borrow for investment purposes but generally only if you use it to try to earn investment income, including interest and dividends. However, if the only earnings your investment can produce are capital gains, you cannot claim the interest you paid