Hey guys,
Just got my depreciation schedule back from Depreciator, so thanks for the tips there.
One quick question - I bought my property on 23 Oct 2009 and want to backdate the 2009 tax return. The previous owner rented the property out until it was sold to me. Can I claim a tax deduction for the 1 July 2009 - 22 Oct period as well? Or just from the date I settled on the property?
Also, is it the settlement date or the date the contracts were signed if the latter?
Cheers!
Just got my depreciation schedule back from Depreciator, so thanks for the tips there.
One quick question - I bought my property on 23 Oct 2009 and want to backdate the 2009 tax return. The previous owner rented the property out until it was sold to me. Can I claim a tax deduction for the 1 July 2009 - 22 Oct period as well? Or just from the date I settled on the property?
Also, is it the settlement date or the date the contracts were signed if the latter?
Cheers!
