We are about to settle on our first IP. It is pretty much right to rent it out straight away, however we have since found out that the dishwasher is broken and is only fit for the rubbish bin. How soon after the purchase can we buy a dishwasher and claim the cost on tax? I have been told 3 months and 12 months by different people.
Also does someone have to be actually renting it at the time to be able to claim?
Also does someone have to be actually renting it at the time to be able to claim?