R robnjulie 27th Nov, 2009 #1 don't know if this is a dumb question but if i was to buy a new house (house and land package) and it didn't come fully fenced(or turfed back yard)can i claim the cost of one or both back in my tax.
don't know if this is a dumb question but if i was to buy a new house (house and land package) and it didn't come fully fenced(or turfed back yard)can i claim the cost of one or both back in my tax.
Propertunity 27th Nov, 2009 #2 It is a capital expense and so you will only be able to claim depreciation on it to reduce your tax and only then if it is an IP not your PPOR.
It is a capital expense and so you will only be able to claim depreciation on it to reduce your tax and only then if it is an IP not your PPOR.