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That will be a god send...I am about a 80k-100k positive geared.... If they do this....they will probably just allow your come to offset expenses. Any loss will need to be bourne by the investor. However, they will still allow depreciation as a deduction..because if they removed this they...

Same plan as the last year....the year before...and the year before that....etc...etc. Buy 2-3 properties in one of the states in Oostralayaaa....slow...boring...and old school....:D