Comments on: Negative gearing: the facts for property investors

By: Owen

Owen — Thu, 19 Sep 2024 09:30:37 +0000

Aged like fine milk 😉 I wonder if opinion has changed in light of the housing crisis?

By: David

David — Sun, 28 Jan 2024 16:51:43 +0000

If one purchase a property and it was the PSOR for 8 years and then one moves interstate and gets it rented out … so investment property .
Does a Depreciation Schedule commence from when it’s ready for rent or from when owner first moved in as buyer and owner. ?

By: Expert CostSeg

Expert CostSeg — Fri, 19 Apr 2019 08:18:28 +0000

Had an interesting time reading this.

By: BMT Team

BMT Team — Mon, 12 Nov 2018 05:59:05 +0000

Hi Glen,
Thanks for getting in touch. We will have a member of our team contact you to help answer your question.
Thanks,
BMT Team.

By: Glen

Glen — Wed, 31 Oct 2018 04:25:34 +0000

So I have a block of land purchased prior to 2016 which I am planning to build a house on to rent. So from my understanding of Labor’s policy the house will be a new dwelling and I can negatively gear it. The question is how will the capital gains tax be calculated as the land is pre 2017 but the house is post 2017. Is the CGT calculated with the 50% concession or the 25% when I eventually sell.

By: Barry Mitchell

Barry Mitchell — Fri, 24 Jun 2016 01:14:42 +0000

No way will I vote Labor not after the mess that has to be cleaned up EVERY time they get elected, both Federal and all States. Only have to look at the record. Can’t believe how people put them back time and time again.
I think the capital gains tax should remain the same on all existing properties but be restricted on future purchases to NEW properties which should then stimulate the building industry and sustain more jobs. But leave the CGT as is.

By: BMT Team

BMT Team — Thu, 23 Jun 2016 08:23:13 +0000

Hi Ian, Labor’s negative gearing and capital gains policy affects those acquired after the 1st of July 2017. However, any changes to negative gearing could result in property prices going down.

By: BMT Team

BMT Team — Thu, 23 Jun 2016 08:20:39 +0000

Hi Karen,
Thank you for your query. Labors changes will only apply to assets acquired from the 1st of July 2017.

By: BMT Team

BMT Team — Thu, 23 Jun 2016 08:04:54 +0000

Hi Barry, Thanks for your response.
In relation to your questions, we’ve provided answers below:
1/ No the changes only apply to second hand properties purchased after the 1st of July 2017
2/ Yes

By: BMT Team

BMT Team — Thu, 23 Jun 2016 07:39:44 +0000

Thanks for comments Stephen. Bill Moss is the former head of the property division of Macquarie Group and Founder of FSHD Global Research Foundation. For Bill’s interview regarding how factors such as housing supply play a role visit http://www.2gb.com/audioplayer/177121