"You may be able to claim a tax refund!"

Is Negative-Gearing Really So Great?

You have to bear in mind that just because a rental property (or shares) is negatively geared, you may not be automatically entitled to a tax deduction.

You have to be prepared to convince the Commissioner of Taxation that it was your prime intention for the property to eventually produce net taxable income.

Other reasons such as intending to receive a capital gain from the property, or that it may become your future home, will definitely not entitle you to a tax deduction.

To demonstrate to the Commissioner that your prime intention was to produce net taxable income, at some time in the future, it would be very prudent for you to prepare Property Rental Income Projections showing at what stage in the future the property losses will eventually turn into profits.

We may be able to help you in preparing this projection, with our Property Investment Analysis ($295 per residential rental property).

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