Hi! 3 months After we started renting out our property, the tenants sent a list of items to be repaired. Most of them were related to the heavy rain and storms we had in Sydney. I would like to understand how these items should be treated in my tax return (repairs or capital works). - Resolve water stains and mould on some walls and skirting, and paint them again. - Replace a door to ceiling window which was beyond repairs - Replace hot water tank for granny flat and main dwelling (we understand that's capital works related. - Repair part of the floor and skirting which were damaged due to water inflitration - Fix some other minor issues (e.g. door locks, replace some hinges in the kitchen etc) Thank you in advance!
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1,530 views
1 replies