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Deductible over the shorter of 5 years or the life of the loan, so you can pick the tail end of those deductions up. Make sure title search fees for your acquisition of property don't find their way in. Cheers, Rob

Stamp duty is a capital cost. Interest is deductible only from the time you treat it as an IP. The house and fixtures are depreciable from the time it becomes an IP. Don't forget oven, hot water system, air conditioner is depreciable at a faster rate than building & fixtures. Go see...