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Reply: 1.1.1.1.1.1.1.1 From: Dale Gatherum-Goss Hiya Rixter! Damn!!!!!! Every year for the last 20 years, I have been disappointed that I've missed out on the Queens Birthday awards and Oztralia day awards . . . shit!! You mean I've still gotta wait. Damn. Niceness didn't work, maybe...

Reply: 1.1.1.1.1 From: Dale Gatherum-Goss Hi Geoff! Thanks for the extra information. Under normal circumstances, the certificates are costs of buying the property, however, in the ACT I would claim these as lease expenses and therefore an outright tax deduction like your legal fees...

Reply: 1.1.1 From: Dale Gatherum-Goss Hi Geoff What exactly do you mean? The council rates adjusted on settlement are an expense and claimed on your tax return against the rental income. Have I just answered your question? If not, just ask away and I will do my best. Have fun Dale

Reply: 1 From: Dale Gatherum-Goss Hi Geoff Yes, mortgage insurance is a borrowing cost and as such is normally written off over the life of the loan or 5 years, whichever is the shorter. If we argue that the purchase is indeed a long term lease aka the stamp duty issue, then by the same...