If you own a rental property that is rented or is genuinely available for rent, you can claim a deduction for certain expenses during for the period.
However, you cannot claim a deduction for your personal use of the property, or any expenses covered by the tenant.
Below is a list of the common tax-deductible expenses:
Additionally, there are expenses that may be claimed over several years:
To claim these deductions, you need to keep accurate records.
