Could you please point me to some resources that I can read before seeing an accountant? I want to do a bit of homework to have all questions ready.
I plan on buying it under my name (eg, not a trust or a company) and in this situation, are any tax deductions available?
The main questions would be, for example, the interest paid will be higher than the rent, is the difference claimable from my annual income as a loss?
Also, are there any thresholds on the claimable tax for any expenses (repairs etc)?