What tax deductions can john claim for the work, Taxation

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What tax deductions can john claim for the work

Problem:

John bought a rental property on 1 July 2019. The property was immediately available for rent. He carried out the following work on the property: ·Replaced the stove for $1,250 on 1 October 2019 that was already broken at the time he bought the property. Repaired a balcony for $3,500 on 14 February 2020 that was damaged after a storm on 31 December 2019.

Required: What tax deductions can John claim for the above work for the year ended 30 June 2020?

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Taxation: What tax deductions can john claim for the work

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Taxation: What tax deductions can john claim for the work

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