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Hi mate, I wasn't sure whether the abolishment of NG would mean interest, maintenance, rates etc would not be able to be claimed at all which is what the example shows.

Hi Kathryn, I stated there were 4 IPs bringing in $300/wk each. The income used was $162,400 ($100k salary + $62,400 rental income).

Why do you say that? (Not disagreeing, as I have no idea, just curious to know your reasoning). Cheers

As far as I know, Joe Hockey apparently wants discussion regarding reforming the tax system and part of this pertains to whether negative gearing will stay or go. Personally I think a strong force holding it back is that a lot of politicians most likely have investment properties so would be...