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You are only allowed a deduction for repairs and maintenance where the expenditure is required to maintain an asset in the condition it was initially
If you pay costs to advertise the sale of your rental property, these are not claimable as an expense but will come off the sale
Keeping a vehicle log book to record vehicle use is essential for ensuring an accurate expense claim. To help make this process a little
If you are thinking about or are in the process of making large scale repairs and/or improvements to your rental property there may be tax
If your rental property is untenanted and you’re taking the opportunity to do some repairs and maintenance do ensure the property remains available to rent
For our Rental Property clients to make the most of their tax deductible mileage claims you need to keep a record of your rental-related travel.