Tax deductible if building an investment property to sell?
Ok, I'll let him know about the case. What about if we decide to sell instead of rent? Can we still claim the interest payments during construction?
Tax deductible if building an investment property to sell?
Just found out from my accountant... if anyone is interested, the interest paid on the cost is not tax deductible during the construction. Instead it adds to the cost price…
Tax deductible if building an investment property to sell?
I can't seem to find an answer to this question on the forum, so hopefully someone can help me.
I live in Melbourne and I have an investment property that has…
Opinions on butler pantry contents
We are currently designing our butler's pantry... it's 1.1m deep and about 3.0m wide. There are no windows/natural light in there (unless we open the pantry doors).
We are thinking of…
NBG vs. H3nley
Yep, I'll be knocking down and rebuilding. In the old part of Macleod too, not Springthorpe.
I just had my first meeting with the NBG consultant last night and we will…
NBG vs. H3nley
We're thinking of building in Macleod.
What's the url to your thread?
NBG vs. H3nley
I'm tossing up between the 2. I like the H3nley houses and their website, but after adding everything we want, they turn out quite expensive. The NBG houses are quite…
Building a custom property
I was on the metricon website and don't see anything with a 5 meter frontage. Am I looking at the right place?
The council has no problems with building 2 double…
Building a custom property
I was wondering if anyone could help me with this. I have a property in Collingwood that is currently rented out. I want to demolish that one and build 2…
Overlay
All I had to do was call the council
The DCP apparently just means that there is an extra levy payable to the council when rebuilding…
Overlay
I am interested in purchasing a property, but what worries me is that it is on a Development Contributions Plan Overlay.
As I plan on demolishing and rebuilding the property, would…