tax deductions

Hi, I plan to knock down and rebuild my house. I also plan to build a granny flat as part of the new house, just with a separate entry. I am a bit confused how should my tax deduction look like after I do this. Is it similar to renting out a room in your house? I am planning to live in...

Hi quick question. If you have a bank package like we do 'Mortgage Interest Saver Account' (MISA) that gives you an offset account, credit cards etc, and you get charged a yearly fee I think mine is $350. Can any of that fee be tax deductible because we use the offset account that is part of...

Hello, We are looking to purchase an investment property however, we are planning to get a lone from our family rather than financial institutions. We have made an agreement with our family that they will be receiving approx. 6% interest on the loan. My question is are we going to lose...