Some common errors made by rental property owners include:
- claiming rental deductions for properties not genuinely available for rent
- incorrectly claiming deductions for properties only available for rent part of the year such as a holiday home
- incorrectly claiming structural improvement costs as repairs when they are capital works deductions, such as re-modelling a bathroom or building a pergola
- overstating deduction claims for the interest on loans taken out to purchase, renovate or maintain a rental property.