Archive for May 6th, 2019
What is negative gearing, and what is Labor proposing?
Posted by John, May 6th, 2019 - under Uncategorized.
Tags: ALP, Australian Labor Party, negative gearing, tax
Comments: none
Negative gearing just means an investments ongoing deductible costs are greater than its income. In other words the investment is losing money. Many types of property can be negatively geared. The most obvious example is a rental property. Let me use that as an example. Say I borrow $1 million dollars to purchase a property […]