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Thank you are lot,I appreciate your help.
Hi Terry,
Yes I planed to build are holiday house as are owner builder, got it approved by Council, invested around 70K to start build than I found myself in hot water as couldn’t obtain finance to continue. So I decided to bound that with the investment property and wait until I qualify for loan. My main reidence is in Sydney and the property is in my name, so I never wanted permanently to move once I build. What I wanted is to build are holiday house and rent it out for holidays and use when I wanted. I never claimed any expenses that I had, for example Council rates…Just wondering if I can because this financial Year I paid are lot of Tax… Any advise..I will really appreciate that are lot, Thanks
Dali T