Item
|
Deductible
|
Non -
Deductible
|
Accounting
Fees
|
Yes
|
|
Advertising
|
Yes
|
|
Agent Fees &
Commissions
|
Yes
|
|
Bad
Debts
|
Yes
|
|
Boarder’s
Costs
|
Yes
|
|
Body Corporate
Fees
|
Yes
|
|
Borrowing
Expenses
|
Yes
|
|
Building &
Structural Improvements
|
Yes
|
|
Cleaning
|
Yes
|
|
Commissions &
Management Fees
|
Yes
|
|
Depreciation
|
Yes
|
|
Early Termination
of Lease Payments
|
|
No
|
Electricity &
Connection Costs
|
Yes
|
|
Eviction
proceedings against tenants
|
|
No
|
Bank
Charges
|
Yes
|
|
Gardening
|
Yes
|
|
Gas
|
Yes
|
|
Head
Rental
|
Yes
|
|
Insurance
|
Yes
|
|
Interest
|
Yes
|
|
Land
Tax
|
Yes
|
|
Lease
Incentives
|
Yes
|
|
Lease
Premium
|
|
No
|
Lease Surrender
Payments
|
|
No
|
Legal Fees not
associated with eviction
|
Yes
|
|
Mortgage
Insurance
|
Yes
|
|
Municipal Rates
& Taxes
|
Yes
|
|
Office
Supplies
|
Yes
|
|
Postage
|
Yes
|
|
Repairs excluding
initial repairs
|
Yes
|
|
Security
|
Yes
|
|
Solicitor
Disbursements
|
Yes
|
|
Telephone
|
Yes
|
|
Travel
|
Yes
|
|
Water
|
Yes
|
|
Pre purchase
travel expenses for properties not purchased
|
|
No
|
