"""Also remember that all the holding costs on an investment property are tax deductible expenses ie rental income $24k, interest and expenses $28k your are negative geared to the tune of $4k and your taxable income is reduced by that about"""
If you are negatively geared at record low emergency level interest rates you are doing it wrong. In the remote chance I was to get back into property investment, I would be insisting a positive cash flow from day one purely to hedge the risk of no upside in our current outlook for capital and yield growth.
Negative gearing is a good strategy with high interest rates but high capital growth prospects. But yield is the new black now.
