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  • Profile photo of StaggerleeStaggerlee
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    @staggerlee
    Join Date: 2008
    Post Count: 5
    June 10, 2008 - 5:37 am

    My wife spoke to a friend of hers who claimed 50% of theirs when they rented it  out for a year….

    Profile photo of StaggerleeStaggerlee
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    @staggerlee
    Join Date: 2008
    Post Count: 5
    May 20, 2008 - 9:28 pm

    I saw the accountant yesterday.

    She said I could go ahead with it and ask for a ruling as she cannot find evidence of anyone trying it and the legislation is not black and white on the issue.

    She suspects I would only gain the deduction as a percentage of the period the house was rented out and doesn't recommend I go to the trouble.

    Profile photo of StaggerleeStaggerlee
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    @staggerlee
    Join Date: 2008
    Post Count: 5
    May 19, 2008 - 9:56 pm

    Thanks Elka & crj,

    Sorry, I should of mentioned we're in the A.C.T.

    I'll consult my accountant and get back to you with the result.

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