what items can be included in cost base? for property not rented out?

[mixedup]

Anyone have a list, or a link to, what are allowable items that one could include in the calculation of Capital Gains, in the case the property has not produced income (not rented out), but wasn't the PPOR?

Items I have so far, but wondering if there are more are:

• Settlement Costs
• Stamp Duty
• Building Reports
• Stamp Duty on Mortgage
• Legal Fees
• Rates
• Body Corporate Fees
• Other???

 

[coastymike]

covers pretty well everything

https://www.ato.gov.au/General/Capi...l-gain-or-loss/What-is-the-cost-base-/?page=2

 

[mixedup]

thanks Mike - not sure how I missed that page

 

[Paul@PFI]

Anyone have a list, or a link to, what are allowable items that one could include in the calculation of Capital Gains, in the case the property has not produced income (not rented out), but wasn't the PPOR?

Items I have so far, but wondering if there are more are:

• Settlement Costs
• Stamp Duty
• Building Reports
• Stamp Duty on Mortgage
• Legal Fees
• Rates
• Body Corporate Fees
• Other???

The list can even include council rates and loan interest in some cases. Certainly improvements and capital improvements too.