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tax deductions

Positives and Negatives of Negative Gearing

Positives and Negatives of Negative Gearing

Negatively gearing an investment property is viewed by many Australians as a tax effective way to get ahead.  According to Treasury, more than 1.9 million people earned rental income in 2012-13 and of those about 1.3 million reported a net rental loss. So it was no surprise that many people […]

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Tax Alert – June 2019

Tax Alert – June 2019

Tax deductions face greater scrutiny With the end of the financial year only weeks away, the ATO has announced that one of its key areas of focus this financial year-end will be rental property, although returns from taxpayers using cryptocurrency assets are also expected to come in for close attention.  […]

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Rental property deductions tightened

Rental property deductions tightened

Most property investors breathed a sigh of relief when rumours about the demise of negative gearing in the Federal Budget came to nothing. There were, however, several changes introduced with the potential to impact your property investment portfolio.

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