I currently own my house and am looking to negative gear another house that i am likely to move into and rent my current property,
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An interesting question. Plainly the answer is yes because you can't negatively gear a house you don't own. To negatively gear the house you own must be rented, (and rent must be at the market rate) and the cost to hold and maintain the house is more than the rent received.
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An interesting question. Plainly the answer is yes because you can't negatively gear a house you don't own. To negatively gear the house you own must be rented, (and rent must be at the market rate) and the cost to hold and maintain the house is more than the rent received.
If you are asking whether interest would be deductible if you borrow on a rental property to finance a house to live in, then no.
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