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Jez1234(Newbie)Newbie
2 Aug 2022

We have purchased a property in April in the ACT (99 year lease) which has been rented out since then. Is the full stamp duty deductible in that year (April to June '22) or does a portion go against the rental income in next year's return ?

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418 views
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Bruce4Tax(Taxicorn)Taxicorn
3 Aug 2022

Full amount of stamp duty. Deductible if property rented/availably from date of settlement.


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
3 Aug 2022

Full amount of stamp duty. Deductible if property rented/availably from date of settlement.


Jez1234(Newbie)Newbie
3 Aug 2022

Thanks Bruce4Tax, if our current circumstances change and we move in at some point (say early 2023), would that change things? Would we need to go back and amend?


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deduction of stamp duty for rented property in ACT | ATO Community