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ok thanks! I clicked on the wrong form earlier.
Anyway, this form allows us to get taxed less, so we can have more salary to pay the interest for the negative gearing right?
Is anyone using this method?
The form seems very long and asks many questions....
Is it still ok to use this form eventhough its not rented out yet and bought in a trust?
seems like my accountant says since it is
1) still building process
2)not receiving rental income
then i cant use that form......................
so much for the excitement!