willo352 replied to the topic Paying negative gearing with income tax as you go in the forum Creative Investing 13 years, 6 months ago
Thanks everyone for your help, it has assisted me greatly.
willo352 started the topic Paying negative gearing with income tax as you go in the forum Creative Investing 13 years, 6 months ago
Hello,I am trying to confirm some advice I have received, namely that the negative gearing on an investment property can be paid out of the tax taken from your pay every fortnight / week. This would allow you to keep all of your take home pay. Eg – If i am taxed $500 from my pay every fortnight and my negative gearing cost is $400 a fortnight,…[Read more]