I expect my IP will revert to my PPR in early 2011.
The white goods, air-conditioner curtains and carpet need replacing. The house has been an IP for many,many years and is looking warn.Things are wearing out.
The garden needs massive attention and maintenance,
Can I deduct 100% of the costs of the full amounts after the house is a PPR or must these items be attended to when house is a rental property.
My understanding is I have until June 30 2011 in which I can claim these deductions.
The white goods, air-conditioner curtains and carpet need replacing. The house has been an IP for many,many years and is looking warn.Things are wearing out.
The garden needs massive attention and maintenance,
Can I deduct 100% of the costs of the full amounts after the house is a PPR or must these items be attended to when house is a rental property.
My understanding is I have until June 30 2011 in which I can claim these deductions.