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Hi experts, Just doing some sums. Could I please get a sanity check on some of the costs we have incurred during purchase of an investment...
Where a loan relates to the generation of assessable income the interest can be deductible and also so can the borrowing expenses such as loan...
Hi, While preparing the excelsheet of income/expenses, I am calculating the borrowing expanse for the property we purchased earlier this year. I...
For tax reasons it is importance to ascertain what a ‘borrowing expense’ is as these may be deductible under section 25-25 ITAA97 INCOME TAX...
Here is a common question. Lets test some knowledge. Fred has a single loan for a IP that is rented. His Bank (Westpac) charge a $395 annual...
Hi All, I have just re-financed two loans (for one property) from one lender to another. Are all of these costs claimable on my tax return. If...
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