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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...