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04/04/15
16:31
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Originally posted by JoustingSticks
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Posted this on economics thread but had no reply, maybe more luck here
Q.
Would It would be better to hold off interest and other expenses incurred in the 13/14 year for a property for the 14/15 year when I sold it and get 50% concession. I just did a few calcs and I think the answer is no?.
A. ??
Btw
I would ask my accountant though he's on holiday and out of phone range.
Would like to know tonight so I can arrange my spreadsheet and input the figures.
JS
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Since you are on a cash basis, the expenses are incurred on the date that they are paid.How do you propose to be able to retrospectively choose the year that payments occurred?