Private ruling: Rental deductions
Date of advice: 1 May 2020
Published: June 2020
Ruling period: Year ending 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Are you entitled to a deduction for the cost of repairs to your rental property? | A1: Yes. Your XX% share of the expenses meet the requirements in Taxation Ruling TR 97/23 and are deductible. Further information about repairs can be found by searching 'QC 23635' on ato.gov.au

Relevant facts and circumstances: You purchased a XX% share in a property (the property). Your property has been rented or available for rent at all times since you purchased it. You received a report stating that repairs were required. You received a quote for works to the property to complete the necessary repairs. The works will be carried out.

Relevant legislative provisions: Income Tax Assessment Act 1997 section 25-10