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  1. goponcho

    Initial repairs - help

    Question was will the initial repair be able to be deducted as a repair as a whole? Or will it be a capital work and then get deducted at 2.5% and then adjust the cost base for the remainder at sale (never) Any way around this? Dont want to have a $1300 expense virtually non deductible
  2. goponcho

    Initial repairs - help

    So I have a tenant for a 1 year lease who is going in move in in 2 weeks. 1970's house, want to sink minimum for improvements into it as may demolish in 10 years, is a duplex so may not add too much to rent value. Have just bought the house and there are a few problems which I am not sure...
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