Negative Gearing – What Does A Rental Property Cost You?

A current hot topic for political debate is Negative Gearing .

Current legislation around Negative Gearing means that where rental income less tax deductible expenses results in a loss you can offset that loss against other taxable income.
In an ideal situation you will have a tax loss but a cash positive or cash neutral position which means you can claim a tax loss but at NO COST TO YOU.

To achieve this position you must ensure you are claiming all deductions you are allowed to claim.

ARE YOU MAXIMISING YOUR DEDUCTIONS?

ARE YOU ENTITLED TO DEPRECIATION DEDUCTIONS?

HAVE YOU SOUGHT THE ASSISTANCE OF A QUANTITY SURVEYOR?

To find out more contact us and we can assist you in
• analysing what your cash position is on existing investment properties
• what it could be if you are contemplating investment in the future
• maximising your tax deductions for investment expenses
• staying updated on proposed reforms to the current tax law around negative gearing