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jetrodder

6,632 Posts.

54

10/02/24

15:11

Post #: 72339497
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Originally posted by tbirdsrgo: ↑

Depends how they implement it. He could have his cake and eat it too by putting a moratorium on existing property (or ensuring there is some lead time)??

This crap (negative gearing) should have been addressed many, many years ago. It was NEVER good policy except for the "select few".

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legitimate business expenses, are tax deductions. that will not change. I suspect that personal income will not be allowed to cover the shortfall. Only income from other investments. Jet
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