Property Investment – What is claimable for a tax deduction straight away?

*   Interest on a loan to purchase a rental property, an associated asset or renovation of that rental property
*   Cost of repairs and maintenance
*   Tenancy costs such as leasing fees, property management fees and evicting a tenant

What can’t be claimed as a deduction?

*   Costs if the property is not genuinely available for rent
*   Interest on a loan to buy a property which is not used to produce an income
*   Travel expenses where the main propose is personal
*   State stamp duty on the transfer of property

Call Gow Property now for all your property investment questions.