SearchBoarding house claims
Rebekah asks:
(updated on Monday, September 17th 2018)
We have just started a small boarding house: there are four bedrooms. We are paying the power. We presume this is claimable as an expense at the end of the financial year?
Our Experts Answer:
I will keep this short and sweet. Yes, you can claim the power as a deductible expense where it relates to a property that you are renting out and producing taxable income.
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