What defines the time of rental property being termed as invetsment property?

Question

 · Accepted Answer

WendyATO · Answer

It's defined as an investment property for taxation purposes when its genuinely available to rent. This would be when you sign the contract with the real estate for the management of the rental property. You can read more about rental expenses you can claim now (https://www.ato.gov.au/Individuals/Investments-and-assets/Residential-rental-properties/Rental-expenses-to-claim/Rental-expenses-you-can-claim-now/).

Explore tax & super topicsExplore tax & super topics

About usAbout us