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When is an invetment propertly no longer considered as one?

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Mark | 25 Oct 2012, 06:33 PM Agree 0

I've been renting out my house for the past 2 years. The tenant will be leaving end of month and then I'll be moving back in 2 weeks later.

I want to know is the property still considered an investment when there is no tenant?

I have some work I want to get done to the house and I want to be able to offset it against the rental loss.

So justify the offset, can I get this work done after the tenant leaves or do I have to get it done while they are still there?

Appreciate your input.

  • Monique | 26 Oct 2012, 09:29 PM Agree 0
    You can still claim repair / maintenance after the tenant as moved out as the tenants would have been the ones that caused the need for the repair. Just make sure you get the work done prior to moving back into the property.
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