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  1. Terry_w

    Tax deductions for vacant block on eventual sale

    No, holding costs for vacant land can be deductible depending on the circumstances. 'Steele' is the caselaw for this.
  2. Terry_w

    Tax deductions for vacant block on eventual sale

    http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s110.25.html
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