Have encountered a recent query I thought I would share. Taxpayer has acquired a new apartment OTP. They did not occupy the property but rented 2 of 3 bedrooms and each occupant has shared use of all living areas. Aftre 6 months the owner plans to occupy the property for several weeks or even months then vacate it and rent the third room. Question ? What happens to the QS deductions for the 1/3rd ? Does it remain deductible or is the asset now used ? Is the QS report still correct or may it need to be corrected and deferred tax recognised ? I will share the ATO view at a later time.