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Hello!
I have been coding transactions into Xero for an entity that owns properties including residential and commercial.
For expenses on the residential property, I'm unsure as to whether to choose BAS-excluded, or GST-free.
GST is included in the expenses, so technically it's not GST-free (though it can't be claimed)
So does that mean it's BAS excluded? These expenses do have tax implications at some point though, so I'm hesitant to choose that option.
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