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Shadow1 says: 2 July 2015 at 11:37 I have a property that I rent out. Every year on my tax return, I declare the income I received, and also include related expenses (ie, interest on loan, levies, rates, etc) I would like to know the following - there were 2 months when the property was not let out (I was finding new tenants at the time). Can I include the expenses for those 2 months thereby reducing my profit, or can I only include expenses for the months when the property had tenants and I was receiving an income? |
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TaxTim says: 2 July 2015 at 11:43 Yes you can, as you were actively seeking new tenants, so that is acceptable. |
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Shadow1 says: 2 July 2015 at 11:57 Thank you for the very quick response! |
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TaxTim says: 2 July 2015 at 12:13 Only a pleasure! |
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