"The most recent data from the Australian Tax office shows 1.3...

  1. 8,232 Posts.
    "The most recent data from the Australian Tax office shows 1.3 million taxpayers reported losses on investment property for the 2011-12 year, or about two-thirds of all those with an investment property."

    All those investors should start 'small businesses' for tax reasons only because .....in fact they are eligible for 100% capital gains discount if the business/asset is sold after you have owned it for at least 15 years and you are retiring. Small businesses are also allowed to roll over capital gains if the CGT event involves the replacement of an asset.
    /https://www.ato.gov.au/Individuals/...s-tax-concessions-for-small-business-2013-14/
 
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