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questions12(Enthusiast)Enthusiast
27 June 2024

Hello experts,

1 Is negative gearing meaning use the loss from one stream to offset the personal income?


2 does it have to only be investment property? What are other investment instruments that qualified for negative gearing?


3 if I borrow money to invest in shares, the dividend is not enough to cover interest, could I claim negative gearing towards my income?


4 if I borrow money to lend to a family trust, the agreed interest that trust paid me is less than my interest, could I claim loss towards personal income?


Thank you

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469 views
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Bruce4Tax(Taxicorn)Taxicorn
27 June 2024

  1. Yes
  2. No - shares, unit trusts; as long as there is an expectation of income
  3. Yes
  4. No


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