Search results

I certainly did not get into property investing as a way to evade tax. We dont pay much anyway (except on petrol). We also expect to be making profits in the near future, we werent expecting prices and rents to decrease like they have in the last year. For many people, especially if they cant...

Why spend any cash to maintain or improve an older property if you are not going to be allowed to claim the cost as a deduction on your tax return?

Looks like socialism to me. Tax everyone who owns their own property. Position the next generation of home owners, the 20 to 30somethings, to demand more rentals and expect the government to supply it by telling them the private sector morally should not supply housing as we currently...

For those who want to remove Negative Gearing... How would I solve this problem that removing NG would create for me? We are both low income earners, so we are NOT neg gearing just for the sake of reducing tax paid. We really need it in order to make investing worthwhile. According to the...