Category «Rental Property – Deductions Other Than Interest»

Turfing After A Drought

Question In the recent drought, the lawn has completely dried out and died off. Now that the rain has arrived, everything has started growing again, however there is no longer any trace of lawn. The weeds have completely taken over. To maintain the property in a tenantable state, and to minimise vacancies, I am considering …

Claiming expenses

Question Can I claim costs associated with a property I am living in (such as capital improvements) if the property has previously been rented out? If so, what types and in what way are these expenses claimable (eg. added to the cost base for CGT purposes). If not, would it make a difference if we …

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