Say I were to follow in the footsteps of these guys and purchase a property to live in with the intent to use it as an IP after 6 months and get tradies to fix up the property whilst im living in it, would I still be able to claim this as some sort of deduction? (that is if your allowed to claim such things as a deduction)
Or would it only apply once I've started receiving an income from the property?
Or would it only apply once I've started receiving an income from the property?