Hi,
I'm having quite the dillema.
Early 2008 we bought vacant land, obviously paid stamp duty and then built our property which was completed two months ago. We intended to live in this house long term. Our plans have changed though and we are looking at renting closer to town.
If I rented it out now will I be able to claim back the stamp duty cost, interest paid on our home loan and costs of finishings (carpets, blinds, painting etc)? Or is it too late?
Any suggestions/comments would be greatly appreciated.
I'm having quite the dillema.
Early 2008 we bought vacant land, obviously paid stamp duty and then built our property which was completed two months ago. We intended to live in this house long term. Our plans have changed though and we are looking at renting closer to town.
If I rented it out now will I be able to claim back the stamp duty cost, interest paid on our home loan and costs of finishings (carpets, blinds, painting etc)? Or is it too late?
Any suggestions/comments would be greatly appreciated.