looking to purchase first IP which is a bit of a dump. Just wondering if and how I can claim expenses incurred on bringing it up to scratch. eg, Paint (inside and out) fixing broken cladding, retiling bathroom, new internal doors etc... not sure how these costs get deducted at tax time, how do you all structure it?
House is probably around 40 - 50 years old and pretty run down, but cheap
House is probably around 40 - 50 years old and pretty run down, but cheap
