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- Deductability of Architect fees
Does anybody know what sort of Architect fees are fully deductable in a single year, with an investment property??Thanks
Most architectural fees are for capital works (ie renovations, new building, repairs etc), they form an integral part of the building (lasts as long as the building) hence they must be capitalised. Whereas, if the architect is engaged to advise on asset planning and utilisation, it is more likely to be an expense.
Viewing 2 posts - 1 through 2 (of 2 total)
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