Is travel inspection expenses for residential property tax deductible?
Created by: Christopher Le
Modified on: Mon, 9 Dec, 2019 at 2:26 PM
Travel inspection expenses:
- From 1/7/17, all travel expenses incur relating to a residential property unless it is a business of property investing.
- As with prior year, travel expenditure cannot be include in cost base for CG.
- ATO ref: QC 22093. link
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