Deductible ?

Discussion in 'Accounting & Tax' started by Heinz57, 20th Jun, 2015.

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  1. Heinz57

    Heinz57 Well-Known Member

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    I am fairly sure I know the answer to this but anyhoo.....

    I have incurred valuation fees for one property, and building and pest fees for another as part of contract conditions. As a result I purchased neither property.

    Are these fees deductible please? Thank you for any advice.
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    no
     
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  3. Heinz57

    Heinz57 Well-Known Member

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    That was the answer I was expecting! It was still money well spent. Many thanks