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Thanks Terry, that is what I was aiming for. Because we own it without mortgage what exactly would be deductable. So looks like depreciation on capital works then. Cheers

Thanks in advance. May be long but bear with me. Looking for all suggested actions to have options down the track if required. Looking to convert PPOR to IP. Details: Year of construction - 1969 Condition - original Suburb - Albany Creek Purchased - 2002 Price $160k Owing - $0...