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8 Sept 2022

I am planning to buy a new PPOR ( primary place of resident ) and sell the current PPOR as an IP ( Invesment Property ) to my family trust.

What are the deductibles on this IP if it were held under a family trust ?

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3 replies
340 views
3 replies

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Most helpful reply

CaroATO(Community Support)Community Support
13 Sept 2022

Hi @womendejia14,


You're unable to claim deductions given for investment properties when selling your PPOR.


Once the new owner meets the eligibility criteria, including have the property genuinely available for rent, they'll be able to claim deductions.


Check out the information on our website where it talks about rental expenses to claim.

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Most helpful reply

CaroATO(Community Support)Community Support
13 Sept 2022

Hi @womendejia14,


You're unable to claim deductions given for investment properties when selling your PPOR.


Once the new owner meets the eligibility criteria, including have the property genuinely available for rent, they'll be able to claim deductions.


Check out the information on our website where it talks about rental expenses to claim.

14 Sept 2022

What are the eligibility criteria ?

Would the family trust/trustee be eligible for all the deductions for an investment property ?

TeddyATO(Community Support)Community Support
15 Sept 2022

Hello @Womendejia14,


The best way to learn about investment property deductions and what/when you can claim is to take a look at the rental properties guide we put out each year. This is explains all the different things you can claim immediately and which ones need to be claimed over time.

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When can I claim Investment Property deductions? | ATO Community