My understanding is that is is eligible building expenditure towards common property (the very nature of a strata). Div 43 Cap Allowance is eligible....A very small annual deduction.
Appreciate the QS views in reply.
Oridinary strata levies are non-deductible. Special levies arent.
The ATO Rental publication explains this (p10)...Here is the background.
Your QS report should be updated. Discuss with the QS provider you used orginally. They may have a minimal charge to update the report.
