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Hi In answer to some of these queries I am imagine there are lots and lots of people incorrectly claiming the 4% building allowance. In fact over the many years i have seenmany qs reports incorrectly claiming the 4% allowance. I cant remember why the originally 4% building allowance...

Hi I thought you answered the question yourself...? It must be held be the same entity. The taxpayer was declined the 4% building allowance in 1d 2003/77 and this was the final par. "Because the taxpayer's area is an apartment and the taxpayer does not satisfy the additional test of...

Hi GoAnna There is certain criteria one needs to meet before claiming the 4% building allowance on Serviced Apartments. One in particular is owning ten of them. See option 2 in the attached article. http://www.washingtonbrown.com.au/news/building-allowance.htm Regards