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Im glad you are the tax guy blech :) ta rolf

so a 6 mths extended settlement or any OTP scenario is in big trouble for borrowing costs or indeed deductability of deposit ? ta rolf

LMI for Investment purposes is typically depreciable over 5 years. id say you should be fine for a part claim at least.......... but its likley there will be some lack of concensus on the nexus and a PBR may be required to clear the grey ta rolf