Hi There,
Just hoping for some advice re. supplying details of our expenses after we recently renovated our investment property.
I am completely dumb when it comes to knowing whats claimable and whats not (which is why we have an accountant) but i do like to make it as easy as possible for him to see what our total expenditure has been for everything including maintenance/travel/renovations or improvements.
After the reno, we have a PILE of receipt from bunnings/ikea etc with multiple hardware items on them. Do i do a spreadsheet and itemise everything we bought and then let him work out from that whats actually claimable?
Usually id just do a spreadsheet of all our annual expenses but its messy this year with all the reciepts from the reno.
Any advice would be appreciated.
Just hoping for some advice re. supplying details of our expenses after we recently renovated our investment property.
I am completely dumb when it comes to knowing whats claimable and whats not (which is why we have an accountant) but i do like to make it as easy as possible for him to see what our total expenditure has been for everything including maintenance/travel/renovations or improvements.
After the reno, we have a PILE of receipt from bunnings/ikea etc with multiple hardware items on them. Do i do a spreadsheet and itemise everything we bought and then let him work out from that whats actually claimable?
Usually id just do a spreadsheet of all our annual expenses but its messy this year with all the reciepts from the reno.
Any advice would be appreciated.