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Agreed the overall affect is the same but I disagree with putting the lvp into the rental property schedule. ATO has stated many times that is incorrect. If that is the case why not just lump all work related deductions into the other deductions tab. It could very well trigger an audit. Capital...

Paul Dont understand what you mean. The LVP recorded at Item D6 gets added back at Income Test IT6 for the purposes of the income test. https://www.ato.gov.au/Individuals/Tax-Return/2014/Tax-return/Income-test-questions-IT1-IT8/IT6---Net-rental-property-loss/ So don't understand how...