Stephen purchased a rental property on 03 August 2021 and has rented the property from this date.He
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$8,320 Lender's Mortgage Insurance
$13,987 Stamp duty on transfer of the property
$1,700 Mortgage broker's fee
$750 Conveyancing fees
$600 Bank loan establishment fee
$700 Stamp duty on the mortgage
Calculate how much Stephen can claim in borrowing costs for the 2022 year.
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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