Out of curiosity...
Can you live in an investment property while renovating it in order to claim all the deductions for the extra inclusions/modificatons or do you need to be classified as the home owner?
I would ideally like to renovate the property (while living in it) and then rent it out but not sure what rules apply.
Can you live in an investment property while renovating it in order to claim all the deductions for the extra inclusions/modificatons or do you need to be classified as the home owner?
I would ideally like to renovate the property (while living in it) and then rent it out but not sure what rules apply.