This is how I understand it if you are working out FTBa and the kindy benifits
INCOME FROM JOB $20,000
INCOME FROM RENT $20,000
TOTAL INCOME $40,000
DEDUCTIONS WORK RELATED $1,000
RENTAL DEDUCTIONS $50,000
TOTAL RENTAL LOSS $30,000 (INCOME - RENTAL DEDUCTIONS)
Centrelink see...