The scourge of negative gearing

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Hot topic: The scourge of negative gearing, Friends of the NBN and wrecking lives.  The economy and Poll tracking— all the polls.

Special Feature 1: Peter Costello and our current deficits.
Special Feature 2: Dr Turnbull and the wrong NBN prescription
Special Feature 3: The Denigration of science, technology and education.
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Re: The scourge of negative gearing

Postby karlrand » 25 Jan 2020, 12:43

johnsmith wrote:
RightLeftRight wrote:Can you rent a negative geared property to a son or daughter?


yes.

You need to be careful doing so doesn’t end up attracting the attention of the Tax Dept due to duplicated tax dodges being grabbed through a family trust.
As with so much in Oz the skill and dishonesty of your accountant is often your most valuable asset.
Groupthink will destroy us all.
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