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  1. J

    Newbie - basic accounting/tax info

    Thanks for the responses, somewhat clearer now. Something like this?
  2. J

    Newbie - basic accounting/tax info

    Hi all, I have been reading for a while now, and I'm looking at purchasing my first IP. I've decided to start out fairly small. I've been running through my figures and they look like the below. What I'm confused about is the negative/positive gearing side. The property should earn approx...
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