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Help with tax deductible items please

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Sydney | 18 Jan 2016, 10:29 AM Agree 0
Morning all

My husband and I are moving back into our IP in February for 6-12 months and would like to repaint the inside walls/ceilings as they are looking a bit shabby. Do you know if we are able to claim the cost of this back please? I’ve had a look at various websites and the ATO website but can’t see any mention of painting.

Regarding CGT – we have had our property since 2011 and lived in it for 1.5 years and have rented it out from 2012 to now. If we move back in for 6-12 months and then decide to sell it, would we have to pay CGT please?

Any help would be very much appreciated :-)

Thanks so much
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