What is negative gearing?
A negatively geared investment is one where the interest on the amount borrowed exceeds the net income received from the investment’s rental income. The tax department allows investors to claim a tax deduction on the difference between the interest paid and the net income from the property.
When buying an investment property in this or any other way, you need to realise the full tax implications, so you can make the right choices for your circumstances.
Negative gearing can provide tax benefits for many people. We suggest you should organise a appointment to help you decide whether negative gearing is right for you.
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