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Claiming new construction interest and FHOG & stamp duty exemption [NSW]
different financial year? i.e construction is on previous financial year?- bmulyawan
- Post #9
- Forum: Accounting and Tax
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Claiming new construction interest and FHOG & stamp duty exemption [NSW]
Brady: I think so too. Terry: I assume once I move out i can not claim back the interest on construction loan? as it past 6 months (duration of i live in as PPOR)?- bmulyawan
- Post #7
- Forum: Accounting and Tax
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Claiming new construction interest and FHOG & stamp duty exemption [NSW]
what if 1. I make it as investment after 6 month of living there? Can i claim deduction on interest of construction? 2. Otherwise the first 6 months I rent it out then after 6 months I live there as PPOR to satisfy FHOG requirement. Can I claim tax deduction on this? as 6 months construction +...- bmulyawan
- Post #3
- Forum: Accounting and Tax
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Claiming new construction interest and FHOG & stamp duty exemption [NSW]
Hi, I am building a new construction home and setup the loan as interest only which estimated completion by June. And i have submit form to claim duty exemption and FHOG Question: 1. Can i claim this interest for tax deduction purpose from start of the construction until completion given...- bmulyawan
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- Replies: 10
- Forum: Accounting and Tax