Thanks for the reply Bruce.
Just curious what the purpose / intention of the “genuinely available to rent” rule is? And if it’s possible to get a judgement call from the ATO considering the changed world during covid times?
Thanks for the reply Bruce.
Just curious what the purpose / intention of the “genuinely available to rent” rule is? And if it’s possible to get a judgement call from the ATO considering the changed world during covid times?
Rental property genuinely available for rent | Australian Taxation Office (ato.gov.au)
Basically you can claim expenses when you advertise the property and are awaiting a new tenant.
"The absence of these factors generally indicates the owner does not have a genuine intention to make income from the property and may have other purposes"
You can apply for a private ruling, however based on your previous post, it seems pretty clear you would not be eligible to claim rental deductions for that period.
Rental property genuinely available for rent | Australian Taxation Office (ato.gov.au)
Basically you can claim expenses when you advertise the property and are awaiting a new tenant.
"The absence of these factors generally indicates the owner does not have a genuine intention to make income from the property and may have other purposes"
You can apply for a private ruling, however based on your previous post, it seems pretty clear you would not be eligible to claim rental deductions for that period.
22 Apr 2024 · 6 min read time
15 Apr 2026 · 5 min read time
15 Apr 2026 · 4 min read time