How to Calculate Cost of Negative Geared Investment Property - Video
- Arnold Shields
- Oct 5, 2011
- 1 min read
Updated: Jun 11
Negative gearing allows you to offset the cost of buying an investment property against your other income. The tax savings from negative gearing reduce the after tax cost of buying an investment property. One of the forgotten aspects of negative gearing is depreciation where you can claim a tax deduction for a proportion of the cost of building the property even if you did not build it. It is a non cash deduction and is only added back when you sell the property and have to pay capital gains tax.
Our negative gearing calculator allows you to quickly calculate the after tax cash cost per week of buying and owning an investment property.
Disclaimer:
The information provided in this article is general in nature and does not constitute personal financial, legal or tax advice. While every effort has been made to ensure the accuracy of this content at the time of publication, tax laws and regulations may change, and individual circumstances vary. Dolman Bateman accepts no responsibility or liability for any loss or damage incurred as a result of acting on or relying upon any of the information contained herein. You should seek professional advice tailored to your specific situation before making any financial or tax decision.
