So, after years in the game, all the big talk about negative gearing seems like quite a nice deduction, ofcourse no reason to invest to make a loss but still a nice cashflow tool for investors,
I never knew that when you make a loss and claim the deduction you are only delaying the process of having to pay it back if you ever sell (which is why I like the idea of never selling)
Why is this not common knowledge? why did it take me 2 years to discover? Ive read loads of books on the subject but only one of the books (0-130 properties) made the fact known to me.
Can anyone explain how this works in detail?
I never knew that when you make a loss and claim the deduction you are only delaying the process of having to pay it back if you ever sell (which is why I like the idea of never selling)
Why is this not common knowledge? why did it take me 2 years to discover? Ive read loads of books on the subject but only one of the books (0-130 properties) made the fact known to me.
Can anyone explain how this works in detail?