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Hi Babushka - thanks for the contribution. I picked up the ATO 2003/2004 Rental Properties guide today and it states what you have posted. It still isn't terribly clear though is it? :confused: I too have never had a "special purpose sinking fund". Maybe NickM's reference will shed some...

I have a few questions related to exactly what can and can’t be claimed as tax deductions for body corporate fees and charges. Let’s use a hypothetical example of body corporate fees of $1,000 per annum, that comprises $750 administration fees and $250 contribution to a sinking fund. In...