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Forum: Australia

Dec 13th 2006, 5:16 am

Replies: 26

Negative gearing

Views: 1,549

Posted By jad n rich

Re: Negative gearing

[QUOTE=Vash the Stampede].

My tenant is a single mum (on benefits) with three small children and an aging mother who now lives with her. (QUOTE]

:scared: OMG australia has singles mother on...

Forum: Australia

Dec 13th 2006, 4:57 am

Replies: 26

Negative gearing

Views: 1,549

Posted By jad n rich

Re: Negative gearing

Loads of people have to provide their own pension many people on contract, sub contract, self employed, and casual workers for a start.

Plus how many employers do you thin factor this in, many...

Forum: Australia

Dec 12th 2006, 2:03 am

Replies: 26

Negative gearing

Views: 1,549

Posted By jad n rich

Re: Negative gearing

Yes a loss is a loss, the profit would come from any capital gains on the property.

Rental crisis is a term used by the australian media to describe the current low vacancy rate on the rental...

Forum: Australia

Dec 11th 2006, 10:03 pm

Replies: 26

Negative gearing

Views: 1,549

Posted By jad n rich

Re: Negative gearing

It was a pretty popular tax strategy when the top tax rate (about 49.5%) with medicare kicked in at around $68,000 a year :eek:

Top tax rate was changed last year, since then negative...

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