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Deductible expenses:
Expenses for which you may be entitled to an immediate deduction in the income year you incur the expense include:
advertising for tenants
body corporate fees and charges
cleaning
council rates
gardening and lawn mowing
insurance (building, contents, public liability)
interest expenses
land tax
pest control
property agent's fees and commission
repairs and maintenance
travel undertaken to inspect the property or to collect the rent
water charges. |
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