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  1. johnthetechguy

    How do I ensure $44K 'bulding deposit' is tax deductible if settlement is in 1 year?

    I am buying a 'pre-stage 1' property (off the plan) for which I need to outlay $44,000 as a deposit towards the building costs. I assume I want all costs towards the property to be tax deductible, including this $44K amount. I have already paid $4K by credit card, with $40K due. How do I...
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