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Purchasing a new property in May

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moreholidays | 19 Apr 2015, 05:51 PM Agree 0
Does it matter what time of the financial year you purchase a new property? So if I purchase a new property in May I can claim the first years deductions in my June 30 return or is it pro ratio depending on how long you own it? thanks
  • Howard | 04 May 2015, 10:28 PM Agree 0
    I think it does not matter the financial year you purchase the property. Whenever you find that rates are little bit low or you can afford them you can buy.
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