Hi, I completely refurbished a flat about 6 months ago (basivcally replaced bathroom, kitchen and all white goods). Basically there are no real improvements - old tiles, kitchen , fridges, etc. were replaced. But also the old items were not derelict and coultd still be used...although I threw awa some and sold others.
Can I subtract all these expenses on the tax return?
I just wanted the tenants to have better quality.