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From: Eddy Morris
Hi all,
Its been ages since Ive been in here but I have a question.
I am interested in buying 1.5 acres in a NSW coastal town. Then 6 months later I willhave built a home on it. I know you cannot negatively gear the complete property until the house is rentable, but can you claim the first 6 months of interest you would have paid waiting for the house to be built?
In advance, thank you!
Eddy
Hi all,
Its been ages since Ive been in here but I have a question.
I am interested in buying 1.5 acres in a NSW coastal town. Then 6 months later I willhave built a home on it. I know you cannot negatively gear the complete property until the house is rentable, but can you claim the first 6 months of interest you would have paid waiting for the house to be built?
In advance, thank you!
Eddy
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