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    Cost Base v's Claiming on tax return?

    Thanks. Cheers.
  2. P

    Cost Base v's Claiming on tax return?

    We recently purchased a property that needed a bit of work t get it in rent-able order, mainly a full re-paint, new carpets and a few holes in walls repaired. As I understand it, this cannot be claimed on our tax return as it's "Initial Repairs" and instead forms part of the cost base. I...
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