Property Investment Expenses That Can Be Claimed Immediately

As an investor in residential rental properties, you can generally claim an immediate deduction on a number of expenses related to the management of your property.

The ATO supplies a list of items that you may be able to claim an immediate deduction on including:

  • advertising for tenants
  • body corporate fees and charges
  • council rates
  • water charges
  • land tax
  • cleaning
  • gardening and lawn mowing
  • pest control
  • insurance (building, contents, public liability)
  • interest expenses
  • property agent’s fees and commission
  • repairs and maintenance
  • some legal expenses
  • travel undertaken to inspect the property, to collect the rent or for maintenance.


The ATO website provides some excellent information and guidelines for property investors.