Mastin Harris Accountants | Tax Hints & Tips – What Exactly Is Negative Gearing?
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Mastin Harris Accountants / Uncategorised  / Tax Hints & Tips – What Exactly Is Negative Gearing?
November 5, 2020 In Uncategorised

Tax Hints & Tips – What Exactly Is Negative Gearing?

Negative gearing is where you can use the losses from owning an investment property to offset your income. These losses, after deducting all of the interest, depreciation and other rental costs reduce your taxable income, creating a refund in your tax return. You can then use these refunds to either offset the out of pocket costs on the property or help pay down your own personal mortgage quicker.

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