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  • Profile photo of dtrain28dtrain28
    Participant
    @dtrain28
    Join Date: 2015
    Post Count: 27
    June 25, 2015 - 3:06 pm

    The costs listed will come off your selling price & reduce you capital gain (hopefully you made a capital gain).

    The bank fees will be a tax deduction against the rent.

    ps. your accountant will be able to confirm.

    Cheers,

    • This reply was modified 9 years, 6 months ago by Profile photo of dtrain28 dtrain28.
    Profile photo of dtrain28dtrain28
    Participant
    @dtrain28
    Join Date: 2015
    Post Count: 27
    June 24, 2015 - 12:21 pm

    There is ceiling insulation. I have arranged for a professional to assess the current ceiling insulation. Will be interesting as to what he has to say.

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