Our place will be vacant from tenant later this year. As we have to do up the kitchen and bathroom (very bad condition) we were wondering if we should use this vacancy time to do our town renovations (family members are in trades ie> electrician and plumber) or if we shold get new tenant straight away and get the reno’s done professionally. obviously first option would be cheaper for us. Are there tax implication for our decision? If we do reno and its not rented at the time is it still usable for tax deduction and depreciation?
Snowflake
hi these places are in sydney
1)http://www.lawsauctions.com.au
My boss who is a electrician(me apprentice)bought a kithchen from there for $2,650 ,then got a joiner to get the cabinets installed for $600 elec & plum free he said he had got the same kithchen quoted from kitchen shop for $10,000 up
2}http://www.graysonline.com.au{seen on accurent affiar,or today tonight cant remember}
These r both very good shops, i have not been there but i no they have appliances ,tiles, couch’s ,vanitys and more if any one has shoped at these i would like to here ov ur thoughts
as far as tax deduction goes i would hope so if not please post or email any accountants out there this information would be great
rod
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