Hi,
I moved out of my owner occupier in 2022, to rent it out and since then I refinanced the investment property 3 x times: one in May 2022 and one in July 2023 and a third in June 2024.
Loan around $400,000. I didnt need a lawyer, did not pay stamp duty or LMI.
But I paid each time around $750 - $1,000 for the following:
Loan Discharge Fee
Application fee
Valuation fee
PEXA Transaction Fee
Registration Fee
Law Stationers Fee
Settlement Processing Fee
I know borrowing expenses more than $100 must be apportioned over 5 years. But I am not sure how to claim that being 3 refinancing with two of them in this FY? Any guidance is very appreciated.
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2 replies
1,313 views
2 replies