Owning Property · Koste Knowledge Base
What is the ATO Position on Mixed Personal and Rental Use?
Quick Answer
The ATO requires that expenses related to a property used both personally and for rental must be apportioned based on actual usage. Only the portion related to rental use is deductible. This ensures compliance with regulations under Division 40 and 43 of ITAA 1997.
ATO guidelinesmixed-use propertytax deductionsproperty investmentdepreciation
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