澳洲Australia property Deduction for previous owner's l
Just got my depreciation schedule back from Depreciator, so thanks for the tips there.
One quick question - I bought my property on 23 Oct 2009 and want to backdate the 2009 tax return. The previous owner rented the property out until it was sold to me. Can I claim a tax deduction for the 1 July 2009 - 22 Oct period as well? Or just from the date I settled on the property?
Also, is it the settlement date or the date the contracts were signed if the latter?
Settlement date. Until then, you don't own it.