negative gearing and property, page-48

  1. 11,223 Posts.
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    Why would the loss need to be indexed

    no other carried forward tax losses are

    What I outlined is exactly how the non commercial loss provisions currently operate, which prevent people writing off losses from a small side business (like hobby farms)against other income until certain criteria are met

    These provisions were introduced back in 2000 WITH NO TRADE OFFS

 
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