Bond credit life cover premiums



Sam says:
31 March 2017 at 8:54

Are bond credit life cover premiums tax deductible against rental income? Credit life cover is compulsory, as per the bond approval pre-agreement.

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TaxTim TaxTim says:
31 March 2017 at 9:18

Homeowner's insurance will be deductible for tax purposes against this rental income you earned.




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