Expenses deductible over a number of income years



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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There are three types of expenses you may incur for your rental property that may be claimed over a number of income years:

  • borrowing expenses
  • amounts for decline in value of depreciating assets
  • capital works deductions.

Each of these categories is discussed in detail below.

Last modified: 30 Jun 2009QC 27913