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  1. Propertunity

    tax deductibility related to no of IP's

    Yes, in theory. Because it means that your negative gearing losses are greater than or equal to your entire taxable income. So what are you going to eat to keep alive? :D ......and you are going to start failing the banks' serviceability tests with little to no taxable income, so under the...
  2. Propertunity

    tax deductibility related to no of IP's

    You NEVER get to this point, EVER :p You may get to a point of paying $0 tax or even being able to carry forward tax losses from one year to another to be used when you do have a year where you have a taxable income.
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