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I have purchased a high value musical instrument in 2016, which I had to borrow money for. Can I deduct the interest on a loan used to buy the instrument?

 
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bwa
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Alumni

I have purchased a high value musical instrument in 2016, which I had to borrow money for. Can I deduct the interest on a loan used to buy the instrument?

If you're in the business of being a musician the interest would be a deductible business expense.

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