Pre-settlement inspection costs

Hello

I've got a property settling tomorrow, and today I conducted the pre-settlement inspection.

I caught a taxi there and back.

It's small bikkies I know, but is the $40 taxi fare a deductible expense?

The property is not available for rent (until after it settles tomorrow) so I guess it's not a deductible expense, should it be treated as a purchase cost?


thanks
Roosterman
 
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