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If I purchased an off-the-plan investment apartment in Melbourne a few years ago and settlement occurred about 6-months ago – it hasn't been rented or sold since – are the repayments (interest) and expenses tax deductable?
Cheers, R.A.
Yes – if you have proof it;s for investmen purpose- Ie have a leased agreement btw you and the agent that cone the place is built it will be rented out and given to the agent to mange…
Regards
MichaelMick C | Shape Home Loans
http://www.shapehomeloans.com.au/
Email Me | Phone MeSame Banks. Better Rates. Served With a Passion.
Viewing 2 posts - 1 through 2 (of 2 total)
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