Building an IP - cont...

From: Lee T


Hi Geoff and Ian,

I purchased a block in 1999 for the purpose of building an IP. My accountant has amended my return for 1999, with the following claims - interest, bank fees and taxes, Council rates and water rates in view of the decision in Steele v FC of T (1999).

I have plans to build at the end of this year.

Hope this helps,
Lee T
 
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