You have only selected for holiday rental tax deductions for periods when a home is advertised and available for rented out. Don’t heap all of your expenses and don’t include of an expenses for a your personal use of the home. The ATO is all ways see for this sort of thing. If you rent out your holiday property, there are lots of deductions you can claim. Holiday rental property expenses you can claim as tax deductions for ,
• Maintenance and repair costs
• Pest control
• Body corporate fees
• Property insurance
• ….. and more.
One time remember you can`t claim holiday rental tax deductions for periods in the property is used for personal purpose,(which include staying there yourself ,your family and friends or time when it is not advertised and available for rent).
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