Negative gearing


The Australian Taxation Office released an overview of 2012 income tax returns for individuals, companies, superannuation funds, partnerships and trusts. The recent publication does not include information on the number of individuals with an interest in a rental property. In 2011-12, there were 12,736,030 individual taxpayers in Australia of which 14.9% were rental property owners declaring a total of $ 7,860 million in losses. There were 626,230 individuals reporting a net profit of a combined $5,939 million and 1,266,540 individuals with the total net loss of $ 13,799 million. On average, the net rent profit was $9,438, the net rent loss was $10,895 while the average income loss for both negatively and positively geared property investors was $4,146.

Turpis a sed nisi integer et, ac eu pid, ac dictumst rhoncus adipiscing nunc augue dolor urna et ultrices ut lundium porta enim egestas non tristique in et aenean cum, enim cursus sagittis rhoncus in lorem lundium pid tincidunt! Ac augue adipiscing cras, velit integer enim, nascetur diam porttitor ultrices adipiscing. Dolor velit dolor. Augue risus! Turpis dolor turpis amet, nunc. Urna tortor auctor, magna phasellus, duis, velit vel in. Tincidunt, elementum est habitasse in sed nisi a, integer adipiscing parturient proin elit sagittis! Lundium velit proin odio? Dis lectus nascetur in cras adipiscing dictumst, ridiculus dapibus proin sagittis nisi, ut auctor. Eros cum, tortor porttitor, tempor tincidunt cras elementum tortor ac, sit dapibus? Lorem pulvinar tincidunt lectus dolor massa.


Wednesday, 9 October 2013

Join our mailing list Receive Free Property Tips and news

Now Partnered With


Contact Us

1300 11 RENT (7368)