澳洲Australia property Capital Gains Queries | Sydney
在澳大利亚 Ok, keen for some perspective on undermount vs drop in kitchen sinks. I know this topic has been discussed before, and in my view undermounts are a far superior result. However, is it worthwhile for an investment property, bearing in mind th ANZ have charged me a govt. mortgage registration fee of $115 for a refinance - borrowing additional funds for construction on a block of land in QLD already mortgaged with ANZ. There were NO mortgage documents to sign with the new loan docs
Just a quick question around CGT. The tax office allows a deduction for interest, rates etc if the property was used to generate income. However, can you still claim the deduction if the property was advertised for lease etc but was not actually rented?
So for example if I buy an investment property in year x, advertise it for rent but no one moves in. At the end of year x+1 the property is stil empty and I decide to sell the property and make a capital gain. Can I still claim the interest and rates etc?
Any help would be much appreciated.
Yes, if the property was available for rent you can claim deductions.
Interest and rates aren't claimable against CGT, but against your current income. But acquisition costs can be claimed against CGT.
Make sure that you've held it for more than 12 months, you halve your CGT.