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Taxation of rental income within a business

Posted 27 August 2015 under Tax Q&A


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Vaughn says:
26 August 2015 at 13:49

I own properties in a business with 2 partners, can the monthly bond repayments be deducted from the income generated from the rentals?

This entry was posted in Tax Q&A and tagged , , , . Bookmark the permalink.

TaxTim TaxTim says:
27 August 2015 at 13:15

Only the interest portion of the bond repayments can be deducted - not the total repayment.
Other expenses that can be deducted are below.
Rental property deductions


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