I have a rental property. I bought it in August 2020. I started renting it out in October 2023. I installed a new fence to replace the fences which was falling down in May 2024. How do I claim the fencing in my tax return? What else can I claim on this property now it is being rented? It is really confusing.
Link below provides information on rental expenses
Rental expenses to claim | Australian Taxation Office (ato.gov.au)
Link below explains capital works and capital allowances
Rental expenses you claim over several years | Australian Taxation Office (ato.gov.au)
A new fence is depreciated under capital works. Rate is 2.5% per year prime cost.
Link below provides information on rental expenses
Rental expenses to claim | Australian Taxation Office (ato.gov.au)
Link below explains capital works and capital allowances
Rental expenses you claim over several years | Australian Taxation Office (ato.gov.au)
A new fence is depreciated under capital works. Rate is 2.5% per year prime cost.
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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