Fees For Property Investment Seminars
Despite what they say fees to seminars intended to train you in property investment are rarely deductible. You are only entitled to a deduction for the portion of the costs that can be attributed to increasing rental income, dealing with tenants or reducing expenses on repairs etc. Any costs associated with learning how to pick a good property and increase its value are not tax deductible.
Please seek advice on your particular circumstances before acting on this information.
For more handy tax tips visit www.bantacs.com.au.