Can I prepay rates for 2010-2011 and claim this deduction for investment properties.
What happens if during the prepaid year the rental property reverts to a non rental property?
My belief is I don't need to do anything to adjust my 2009-2010 tax
Can I still prepay land tax in Qld?
I have been told by a colleague that this option no longer is possible, which seems a bit odd.
My taxable income will be very severely reduced after June 30,2010 so I want to deduct as much as I can against my present income of 2009-2010.
Apart from prepaying interest on my fixed mortgage rental property what other options are there?
thanks in advance
What happens if during the prepaid year the rental property reverts to a non rental property?
My belief is I don't need to do anything to adjust my 2009-2010 tax
Can I still prepay land tax in Qld?
I have been told by a colleague that this option no longer is possible, which seems a bit odd.
My taxable income will be very severely reduced after June 30,2010 so I want to deduct as much as I can against my present income of 2009-2010.
Apart from prepaying interest on my fixed mortgage rental property what other options are there?
thanks in advance