In case anyone else is wondering the answer to this question, it seems the ATO shares your view Paul. See Private Binding Ruling 1012129758027 at...
Say 2 months from vacation to sale, and then the standard 6 week settlement
Thanks both. What about paragraphs 10-14 of TR 2004/4, namely: the interest is incurred during a period after the relevant income earning...
Thanks for the quick reply Paul. By available do you mean available to rent? Just wanted to clarify because in the scenario I'm thinking of, the...
Curious what the position would be in relation to interest deductions in circumstances where property was used to produce rental income, but the...
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