because fat bloater; they tax you if your making a profit only...

  1. kingrobb
    734 Posts.
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    28/11/13
    10:03
    Post #: 12629441
    because fat bloater; they tax you if your making a profit only fair that you can deduct losses.

    Though I think deductions should either be:
    - limited to 5 or 7 years of losses; or
    - quarantined and offset only against other rental income or future rental income
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