Hi,
I bought a property and lived in it for two years I then rented out the property and placed a loan against it to purchase my PPOR - as I know my property cannot be negatively geared as I used the funds to purchase a PPOR and not something that is income producing. My question is if increased the loan and took out all the equity and bought another property would I then be able to negatively gear it?
Howdy @evey2004,
The new property (investment property) can be negatively geared.
You can deduct expenses (such as loan interest, maintenance costs, and property management fees) from the rental income.
If the total expenses exceed the rental income, you’ll have a net rental loss, which can be offset against other income (such as your salary) to reduce your overall tax liability.
Howdy @evey2004,
The new property (investment property) can be negatively geared.
You can deduct expenses (such as loan interest, maintenance costs, and property management fees) from the rental income.
If the total expenses exceed the rental income, you’ll have a net rental loss, which can be offset against other income (such as your salary) to reduce your overall tax liability.
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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