Owning Property · Koste Knowledge Base
Can I Self-Manage My Rental Property and Claim Deductions?
Quick Answer
Yes, you can self-manage your rental property and still claim deductions, provided the expenses are directly related to earning rental income. Under **Division 40** and **Division 43** of the ITAA 1997, you can claim for plant and equipment and capital works. Ensure you maintain detailed records as the ATO requires substantiation of all claims.
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