Claiming up to $20 000 immediate deduction

[Paul@PFI]

2GB was talking about being able to instantly write off renovations to IP for a regular mum and dad investor. Ie spend $20k doing a kitchen or bathroom in a IP.

My understanding was this isn't correct?

You are correct. It is not available unless the owner operates a business. Rental income is generally referred to as passive income. The exception is a rental business...this would involve SUBSTANTIAL properties.