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guy who said "you'll be right bro" is incorrect. If the variation is out by parameters set by the ATO. They are on the ATO website then penalties and interest apply.

Water = deductible Electricty = deductible Insurance = deductible. Travel. Depends. If to inspect the property prior to acquisition no. Travel to inspect property and talk to agents. Potentially. If trip included other things may require apportionment. Depreciation. Depends whether using...