From: Robert Forward
Hi All
As you've probably seen, I've made a few comments about the removing of the Negative Gearing Laws.
I would love to hear everyone else's comments on this, so lets get a debate going.
Hands up for Negatively Gearing
Hands up for the removal of Negative Gearing Laws.
Let me say, Yes, I understand that there would be lots of people out there in the investing world that would HURT BIG TIME if this was done.
But what do you think would be the outcome in 3-5 years time after the removal of the Negative Gearing Laws?
Will the pain be worth it in the short term?
Will the pain be worth it in the long term?
If you don't want these laws removed, why not?
Does everyone realise that if you run a loss on a property (and don't negative gear) that this loss is deductible from the Capital Growth of the property when it's sold.
I look forward to reading everyone's thoughts on this.
Cheers
Robert
The Sydney "Freestylers" Group Leader.
Hi All
As you've probably seen, I've made a few comments about the removing of the Negative Gearing Laws.
I would love to hear everyone else's comments on this, so lets get a debate going.
Hands up for Negatively Gearing
Hands up for the removal of Negative Gearing Laws.
Let me say, Yes, I understand that there would be lots of people out there in the investing world that would HURT BIG TIME if this was done.
But what do you think would be the outcome in 3-5 years time after the removal of the Negative Gearing Laws?
Will the pain be worth it in the short term?
Will the pain be worth it in the long term?
If you don't want these laws removed, why not?
Does everyone realise that if you run a loss on a property (and don't negative gear) that this loss is deductible from the Capital Growth of the property when it's sold.
I look forward to reading everyone's thoughts on this.
Cheers
Robert
The Sydney "Freestylers" Group Leader.
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