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From: Sheryl Young
Hi ya all!
I have not posted or joined the forum for some time BUT am about to move into a new family home and set up an investment property for the first time.
Now I've had the agents in for quotes etc. and am just sorting out the one who talks the least bull BUT can help me with a decent/acceptable rent.
OK....now the dumb question I wish to ask is.....I can claim things like insurance, maintenance, real estate agents fees, landlord, rates, and prop insurance, accountants fees and the interest paid on the loan, etc right? Well how much of all this is actually given back to me or deductible from my/partners income? All or some? I understand the depreciation of the prop stuff....I think...BUT are the tax deductions I claim all subject to diff rates?
Sorry for the lengthy post
regards S Young....newbie
Hi ya all!
I have not posted or joined the forum for some time BUT am about to move into a new family home and set up an investment property for the first time.
Now I've had the agents in for quotes etc. and am just sorting out the one who talks the least bull BUT can help me with a decent/acceptable rent.
OK....now the dumb question I wish to ask is.....I can claim things like insurance, maintenance, real estate agents fees, landlord, rates, and prop insurance, accountants fees and the interest paid on the loan, etc right? Well how much of all this is actually given back to me or deductible from my/partners income? All or some? I understand the depreciation of the prop stuff....I think...BUT are the tax deductions I claim all subject to diff rates?
Sorry for the lengthy post
regards S Young....newbie
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