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  1. Paul@PFI

    ?Available for Rent? Tax Ded Question

    I say its not available for rent but given the potential deductions amount to Nil its not a issue. Breathe, move on.
  2. Paul@PFI

    ?Available for Rent? Tax Ded Question

    When the property is available for rent the QS report should use that date as the start date. The initial repairs / reno etc can incorporate the costs incurred. No its not deductible. Also you cant scrap either. Worth discussing with a QS to have the schedule correctly prepared.
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