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Hello, I am In a partnership situation and have 3 rental properties as sole income which has been reduced in excess of 70% since March. I manage the properties and do all maintenance,billing etc. As I see it, this is NOT a passive income.The "rules" seem unclear on this issue.Please advise if jobkeeper is available for this situation and if not why not..There seems to be a lot of help for other sectors of the community- but nothing for the so called"rich" landlords.In my situation I had to waive 40% and defer 40% for a mininum of 6 months.and any land tax concession has to be forwarded on to the tenant.This seems to be the only industry whereby we actually give money away- others defer -and most add interest to the deffered amount as well as receiving jobkeeper. ,.---Rego.
Sorry to hear about your circumstances.
Are you managing your properties as an individual or as a business/sole trader? If you're operating as a business or sole trader, and you pass the turnover test, you are eligible to claim JobKeeper.
If you're managing your properties as an individual, I'd recommend contacting Services Australia to see if you qualify for any of their income support payments.
Hope this helps!