KDR of PPOR that becomes Investment Property

Discussion in 'Accounting & Tax' started by dsman, 6th Jun, 2017.

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  1. dsman

    dsman Well-Known Member

    Joined:
    22nd May, 2017
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    VIC
    Hi,
    I have another question.
    Could I claim scrapping deduction for knock down of PPOR and build an Investment Property?
    Or the PPOR has to be converted to IP and rented out first?

    Thanks.
     
    dsman, 6th Jun, 2017
    #1
  2. Terry_w

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

    Joined:
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    no
     
    Terry_w, 6th Jun, 2017
    #2