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Hi, I was just wanting to confirm if the purchase cost on an IP is deductible now or only when the asset is sold. The costs that I am referring to are the fees for BA, Stamp duty, building inspection... Any feedback would be greatly appreciated.

Hi All, What an amazing site this is, the amount of information available is unbelievable. I'm looking at increasing my property portfolio from the 1 IP that I currently have. I would love to get together with like minded people to chat about ways of doing this and try to get my head...