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Which of the following can form part of the cost base of a rental property used for income producing purposes? Repairs to broken window Rates
Which of the following can form part of the cost base of a rental property used for income producing purposes?
Repairs to broken window
Rates and land tax
Interest expense on loan
Legal fees on purchase
Legal fees on mortgage(loan)
Stamp duty of purchase (a State Govt Tax). Sometimes called a Land Transfer Fee
Purchase price of rental property
Extensions to build extra room
Concrete driveway replacing existing gravel driveway
Removal of old chimney
Clearing old vegetation away
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