Is 100% of stamp duty tax deductible on investment property in ACT in the financial year of purchase?
For example, I purchased the investment property on the 1st Jan (half of financial year) and rented the property out for 20 weeks of 26 weeks.
Will I be eligible for 100% immediately deduction or it will be prorated as $stamp duty / 52 x 20 or $stamp duty / 26 x 20? Thanks!