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  1. samsoft24

    Negative Gearing with a twist

    Thats a very good point.. we will have to device a plan
  2. samsoft24

    Negative Gearing with a twist

    Thanks for your reply, ozprep The plan is to live in our own houses for 12 months and then get into renting each others place. I think this should cover the CGT issue. Regarding home improvements and the like, we're planning to build 2 homes with same designs landscaping, features...
  3. samsoft24

    Negative Gearing with a twist

    Hello All, Me and one of my friend is planning to build a house each and are also planning to live as tenants. Is this legal? Can I claim tax deductions + Negative Gearing? Hypothetically, if a house costs 550K and if we rent this out to each other at $420 a week. Effectively, the...
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