All Topics / The Treasure Chest / Agents fee

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  • Profile photo of SpockySpocky
    Member
    @spocky
    Join Date: 2003
    Post Count: 10
    June 2, 2003 - 2:13 am

    Hi all,
    thinking of buying through Wakelins – they source the propery then negotiate the purchase.
    Do you think their fee ($900 + 2.75% of PP) is an allowable tax deduction and if so how would it be claimed?…
    100% in first year [:D], or
    100% over 5 years [:)], or
    added to cost base to reduce CG [:(]
    Thanks,
    Spocky

    Profile photo of SpockySpocky
    Member
    @spocky
    Join Date: 2003
    Post Count: 10
    June 2, 2003 - 7:28 am

    Thanks Michael

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