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All Topics / General Property / Allowable withholding amounts under Section 221D
Can anyone list all the costs that I can ‘claim’ in calculating the tax that can be withheld on my income, under section 221D?
I know of the following:
– Deprecitaion of fixtures
– Depreciation of building
– Agents fees
– Body Corporate fees
– Tenant Insurance?
What else???? (I trust myself more than an accountant!!)
Interest???
Ozboy,
Council & water rates
land tax
legal expenses
property management fees
accounting fees
travel
insurance
cleaning
bank fees
advertising for tenants
James
Thanks guys!!
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