Property improvement

Discussion in 'Renovation & Home Improvement' started by wayne, 9th Jul, 2016.

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  1. wayne

    wayne Well-Known Member

    Joined:
    4th Jun, 2016
    Posts:
    73
    Location:
    ACT
    Hi, we currently have an IP and would like to add a garage. would this be seen as a deductible process or a capital improvement.
     
  2. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,189
    Location:
    Adelaide and Gold Coast
    An improvement to the property will count as an improvement