Renting out room plus self education expense

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Link explains the expenses you can claim. Self-education expenses | Australian Taxation Office (https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/deductions-you-can-claim/education-training-and-seminars/self-education-expenses#ato-Expensesyoucanclaim) Capital items have to be for educational purposes. (can't claim the bedsheets) For immediate deduction the asset has to cost $300 or less. You can use a low-value pool for any assets costing between $301 and $999 Low-value assets (pool) | Australian Taxation Office (https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/depreciation-and-capital-expenses-and-allowances/general-depreciation-rules-capital-allowances/low-value-assets-pool) Note, if you establish a low-value pool you have to enter all assets between $301 and $999 into the pool.

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