Expenses for which you may be entitled to an immediate deduction in the income year you incur the expense include:
*advertising for tenants
* bank charges
* body corporate fees and charges
* cleaning
* council rates
* electricity and gas
* gardening and lawn mowing
* in-house audio/video service charges
* insurance
– building
– contents
– public liability
* interest on loans
* land tax
* lease document expenses
– preparation
– registration
– stamp duty
* legal expenses (excluding acquisition costs and borrowing costs)
* mortgage discharge expenses
* pest control
* property agent’s fees and commission
* quantity surveyor’s fees
* repairs and maintenance
* secretarial and bookkeeping fees
* security patrol fees
* servicing costs – for example, servicing a water heater
* stationery and postage
* telephone calls and rental
* tax-related expenses
* travel and car expenses
– rent collection
– inspection of property
– maintenance of propertyn water charges.
You can claim a deduction for these expenses only if you actually incur them and they are not paid by the tenant.