All Topics / Legal & Accounting / Deductions for PPOR to IP

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  • Profile photo of felsyfelsy
    Member
    @felsy
    Join Date: 2005
    Post Count: 1
    April 20, 2005 - 7:57 am

    Hi all,
    I’m new to property investing and have done a lot of reading so my head is spinning. I need a few points cleared up.
    I’m looking at buying a unit with the FHOG. Living in and renovating it. Then renting it out after the qualifying period. It will be negative geared.
    Is it then regarded as a normal IP in regard to deductions such as interest etc,

    Profile photo of InvProp FinderInvProp Finder
    Member
    @invprop-finder
    Join Date: 2005
    Post Count: 6
    April 20, 2005 - 9:00 am

    Yes you are correct, as per your thoughts. You have picked up well.
    Good luck

    Ashley Hooker
    Compliant Investment Properties
    http://www.cip.net.au

Viewing 2 posts - 1 through 2 (of 2 total)

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