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I have "cut and paste" the tax office interpretative decision on this subject for you to read: Borrowing expenses - Stamp Duty on transfer of title, Lands Title Office search and registration of title fees --------------------------------------------------------------------------------...

Hiya Les! I can understand your logic, Les, and so it would make sense in this circumstance to claim the costs as borrowing costs. Perhaps it is my ignorance (and if so I apologise to the forum unreservedly) but in my experiences the solicitors acting for the purchaser undertake such...

Hi I have tried to attach the PDF of that guide for you to download and use yourself, however, it is too big to attach here. If you email me privately at [email protected] I will attach it to an email and send it to you. Have fun Dale

Hi Ryan Welcome to the world of tax - where this is no such thing as certainty whatsoever . . . Whilst the two people you have quoted are impressive, they are, no disrespect intended, not tax accountants. Furthermore, the law changes more often that most people change their underwear and...

Hi I am sorry, but perhaps I misunderstood the question. I still believe though that those expenses are involved in buying the property and not with borrowing the funds and accordingly I would not normally claim them. I checked S25-25 of the 1997 tax act and it basically confirmed my...

Hi PIppety! NO, all of those would appear to be costs in buying the property and so they will not be tax deductible at all. However, the good news is that they will reduce any Capital Gains Tax in the future if and when you ever sell that property. So, keep a good record of them along...