Have had an investment property for 3 years, have not made any tax deductions. There has not been any home improvements to claim. Loan is Interest only - am I eligible for this ?
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If the property is rented, then you should be claiming deductions for interest, rates, water, depn, capital works, etc.
If not rented, then holding costs can reduce CGT on sale.
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If the property is rented, then you should be claiming deductions for interest, rates, water, depn, capital works, etc.
If not rented, then holding costs can reduce CGT on sale.
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