Negative Gearing Help on Tax Deduction
When looking to invest in property, you need to consider all the possible
benefits.
Like with a business, it is possible to gear your property
investment negatively, add to the value of your investment, and profit...
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Negative Gearing Help on Tax Deduction
When looking to invest in property, you need to consider all the possible
benefits.
Like with a business, it is possible to gear your property
investment negatively, add to the value of your investment, and profit from
tax deductions.
The concept behind gearing a property negatively investment is that you
can claim tax deduction on costs spent maintaining and repairing your
property.
Money spent on your property has the advantage of adding to the
value of your investment, by improving the quality of your property, but also
allowing you to claim tax deductions on your spending.
Negative gearing means your loan repayments, fees and other costs need
to exceed your rental income.
This net loss can be offset against any other
investment or income that you have.
Your overall profit comes in the of
capital gain.
For more information visit this link: - http://negative2positive.
com.
au/
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