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Viewing 3 posts - 1 through 3 (of 3 total)
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All Topics / Legal & Accounting / PPOR into IP
Hi,
We moved out of our PPOR and put it on the rental market. It only let after two months. Can I claim the two months worth of interest as a tax deduction or only from the time it was let?
Thanks.
Scheldon
Scheldon,
Generally it is from the time it was available to rent.
Your tax advisor will be able to help you with this one.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
As long as it was available at market rent, you can claim.
The Mortgage Adviser
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