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Lol raking it in after June 30 - really shows how little you...

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UniversalTrader

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08/04/20

12:29

Post #: 43948603
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Originally posted by TillLindemann: ↑

Sorry I don't mean to be overly harsh. But property investors have long been a protected species in this country, and get numerous perks courtesy of the taxpayer, not least negative gearing. So if you're making a loss now with no rent, you'll be raking it in post June 30. Courtesy of the taxpayer.

And this is only for a few months, and banks have already given ways to help you through this period, including deferring mortgage payments for 6 months, and you also now have access to super.

So really, you're not very hard done by.

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Lol raking it in after June 30 - really shows how little you actually understand. Getting a tax return from loss of rent is hardly raking it in!
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