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Howdy!
Does anyone know if u get a valuation done on a property u havent bought-but do-can it be claimed as a deduction? & same for a pest inspection done prior to purchase?Hi Misty,
Valuations are capital costs and as such are used to offset any capital gains liabilities. Pest inspections fall into the same category too from memory.
I recommend you visit the ATO website and download a copy of their rental property tax guide.
Derek
derekjones1@bigpond.comProperty Investment Support Available. Ongoing and never stopping. PM welcome.
Viewing 2 posts - 1 through 2 (of 2 total)
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