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Negative Gearing

By on September 19, 2017 in Australian Tax Office Updates, Hints & Tips, Interesting Articles
Negative gearing A rental property is said to be 'negatively geared' where the deductible expenses (including interest on the loan borrowed to finance the property) exceed the income earned from the property. The overall tax result of a negatively geared property is a net rental loss. In this case, you may be able to claim [...]

ATO increases focus on rental property deductions

By on July 6, 2015 in Interesting Articles

ATO increases focus on rental property deductions The ATO has advised that it will have an increased focus on rental property deductions this Tax Time. It says that it will be paying closer attention to excessive deductions claimed for holiday homes in 2015, and will also be actively educating rental property owners about what they […]