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  1. Paul@PFI

    Travel Expences for tax

    It is exceptionally rare to classify a person as being in business where they earn rental income. On the issue of deductions exceeding commercial costs then yes the ATO could enquire into why someone may do such a thing. Sometimes its far far cheaper to DIY and at other times its just not...
  2. Paul@PFI

    Travel Expences for tax

    There is no defined number of trips that are allowed. (Min or max) Provided travel is undertaken after the property commences to be rented the travel should be deductible when factually taken and there is a purpose to the travel. What rings alarms for ATO is multiple trips where is really...
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