Negative gearing saved you? No, my fine fellow. You quit your...

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    Negative gearing saved you?

    No, my fine fellow. You quit your well paying job in order to reduce tax.

    Your logic equates to everyone quitting their job so they can pay less tax on investment returns. This may be a suitable option for retirees, but for anyone else... crazy.

    Foregoing an income so you can save tax... thumbs up again.

    You need to go and see an accountant. You are literally flushing money down the drain so you can say I paid less tax...
 
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