For most depreciating assets you can use the ato s determinations of effective life published in taxation rulings updated annually. Apportionment of borrowing expenses. To secure a 20 year loan of 209 000 to purchase a rental property for 170 000 and a private motor vehicle for 39 000 the hitchman s paid a total of 1 670 in establishment fees valuation fees and stamp duty on the loan.
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