Dear ATO Community,
Thank you for your help in advance!
In my investment property settlement there are these expenses:
1). PEXA Fees $123.97
2). Lodgement Fees by my Lender Bank $1583.40 where in details it states:
Registration of transfer of Land $1469 and
Registration of Mortgage $114.40
3). Government Search Fees $17.55
Are these considered as borrowing expenses I can deduct over 5 years?
Are these deductible in 2022-2023 financial year when renovating the investment property getting ready for rent (so not available for rent but 100% intended as rental property)?
Thank you so much!