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this is true, it doesn't work for generic stock
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if it's available for rent then there is no problem claiming the deductions
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Hi Jen_PFR I just looked at your rates - are you achieving much more than if you let long term? particularly by the time you pay the utilities?
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yes I am a big fan of it. it can turn a lousy neg geared property into a cashcow. there are greater risks but I find it quite enjoyable on the whole.
