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Thanks, Dan. Actually, only the first part of my post was to you - then I got carried away with the original question of why does Centrelink add on rental losses (lots of people seem to be confused with this :)). It certainly looks like Centrelink have stuffed up with Ritchie's calcs. The...

Centrelink do a reconciliation with the ATO after you and your partner have lodged your tax returns for the year - that's how they know if they've overpaid/underpaid people. Rental property losses are recognised by the ATO but not through Centrelink. Unlike the ATO, Centrelink don't care if...