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Lab Housing Policy and Negative Gearing, page-18

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Tarvold

28,089 Posts.

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29/01/24

19:54

Post #: 72119240
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Originally posted by UniversalTrader: ↑

Whenever anyone trots this crap out we know they have zero understanding of the tax system. Ng is simply equal treatment of gains an losses on an entity basis. Also all these idiots seem to think that removing ng will be a housing nirvana for fhb - what a load of crap, the biggest thing it will do is make it harder for people to find a rental

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You can't claim tax back if an enity makes a loss so no what you posted isn't true.
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