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I had the impression it can be tax deductible based on a % of it being used to search for properties.
I had the impression it can be tax deductible based on a % of it being used to search for properties.
Tax deductions are expenses incurred through earning income, not looking for sources of income.
I don't know if this is fully true as expenses for Quotes for tradespeople are fully tax deductible even if they don't get the job?
Isn't that only the case once you actually own the property? Therefore, it passes the "expenses related to earning income" test.
are you able to tax a % of your net if you self manage and use it to check it if the rent has gone in or not?
You pay your rates online,do you not?
I believe if you use the internet to do internet banking,accountants questions (Email) or finding property,it should be deductible,especially if you already have IPs.