Property investor claimable tax return expenses

Property investors with either positive or negative gearing can claim the following expenses on their tax returns:

• Interest on loans

• Bank charges on loans

• Borrowing costs, including legal costs and mortgage fees

• Stamp duty

• Land tax

• Body corporate fees

• Council rates

• Water rates

• Cleaning costs

• Insurance costs

• Pest control

• Property management fees

• Repairs and maintenance

• Telephone, postage and stationery

• Travelling expenses related to visiting an investment property