Shaelene’s Tax Tip of the Week – June 26th 26 Jun 2019 Shaelene McInnis Business Comments Off on Shaelene’s Tax Tip of the Week – June 26th Interest on funds you have borrowed for personal purposes are not deductible, but it is possible that available cash you have used to repay loans for investment purposes may qualify. Have questions? Give us a call at 905-571-2665.