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What gets me is how do you negative gear when most landlords are...

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andyno3

11,092 Posts.

249

01/10/24

18:12

Post #: 75930625
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Originally posted by ezirida: ↑

even the worst of tenants still pay and if they don't, as a good investor you would have landlords insurance which will cover you against loss of income if you do get one of those feral meth lab types

i am perplexed by the current debate and have consistently backed changes to negative gearing to 'increase' the actual NG aspect to encourage landlords to take on LT tenants

as you would know big repairs such as a hot water system are not an instant write off but must be amortised

i would argue that an 'instant write off' for real improvements that would actually attract a higher quality tenant and keep them under your roof paying a reasonable rent could make a massive difference

the issue is that the left see 'negative gearing' itself as the issue rather than saying 'what can we do to bring investors back to the table'

yeh it's a cluster****

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What gets me is how do you negative gear when most landlords are Air b&b ing,which is the bigger reason for Long term rentals not being available?
Maybe give a better NGing if you only long term rent? but no NG if you air b&b ect?
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