Share this page | Email | Contact Us

Special Report on

Negative gearing top tax break

negative gearing top tax break special research report Photo by
FOR five weeks, our politics has been dominated by a debate that for most of us has nothing to do with our daily lives, and which we have no hope of understanding. Yet it could decide who will govern us next. What have we learnt from a month of claims and counter-claims on the resource rent tax? I think it comes down to three questions. Should we increase taxes on mining, to give shareholders less and the community more? If so, is this the right way to do it? And, all things considered, is this tax rise about the right amount? (Future Fund chairman David Murray last week threw in a fourth question: What's the best way to ...
A negative gearing strategy can only make a profit if the asset rises in value(capital gains) by enough to cover the shortfall between the income and interest which the investor suffers. The investor must also be able to fund that shortfall until the asset is sold. The tax treatment of interest expenses and future gain will affect the investor's final return too. Tax rules vary from country to country. Negative gearing on property is currently only found in Canada, Australia, and New Zealand, all countries in the Commonwealth of Nations.
Negative gearing
There's an interesting post in the fairfax blogs today, with even more interesting comments following. The boom in property prices is pinned on the tax laws in Australia, which rather uniquely reward landlords for losing money on property they don't live in. Rental investors won $3.9B in tax deductions in the 2004-5 year. This creates an artificial demand for property from investors keen to lose money for a while, then sell up and pay Capital Gains Tax on only half the booty (thanks Mr Costello for this last refinement). It's all terribly weird and complex for an economics numb skull like me, but worth attempting ... market research, surveys and trends
A Networked World: A slow tragedy unfolds next door
At a top level, this story from the weekend is not that surprising, its obvious that the grinding of the credit crunch is far from over and anyone who believes the happy-talk about recovery is moderately delusional. But the data are continuintg to tell that tale anyway. House values losing ground House values across the country are losing ground because of cautious buyers and high levels of distressed sales pulling down prices. QV Valuation's June index - calculated from the previous three months' market figures - is 5.2 per cent above the same period last year. This followed the 5.6 per cent reported last month, which ... market research, surveys and trends


Negative gearing: is it worth $3.9 billion of - The Sydney Morning ...
Negative gearing may be a better way to offset cellulite than property investments. It's kind of like having your cake and eating it too - "Hmm, if I can't make money by being a rich property mogul right now, at least I can reduce my income tax and keep my fingers crossed that I'll make money in the future." Australian negative gearing and Capital Gains Tax laws are complex, but there is little doubt property investors take great comfort in claiming any losses against their tax. So much so, that in the 2004-05 tax year, the Australian public said ta-ta to $3.9 billion worth of deductions for rental ... industry trends, business articles and survey research
The Housing Bubble Blog » 2010» May» 9
Considered reports on Ireland. “The government has depended heavily on consumption taxes, which are down sharply, as well as taxes on real estate transactions. Because of government policies that encouraged property development and a flood of foreign investment, the country experienced an infamous construction boom. With the bust in the housing market, starting in 2007, property tax revenues slowed sharply, and Dublin began to amass a massive budget deficit. At the same time, the government decided to help prop up some of its bad banks, staggering under the weight of failed real estate deals.” “Neither has the ... industry trends, business articles and survey research
Recent Break In Schedule About More Than Iowa
As the NASCAR Sprint Cup Series kicked off the final 10 races leading up to the Chase for the Sprint Cup and the NASCAR Nationwide Series debuted its new car, it would have been easy to assume the NASCAR Camping World Truck Series teams were relaxing and enjoying the three open weekends on their schedule gearing up for the Lucas Oil 200 presented by SPEED on Mediacom at Iowa Speedway. In reality, the teams have been feverishly working and preparing for the upcoming nine-race stretch on the horizon. "Having three weeks off has been a good and a bad thing," said Butch Hylton, crew chief of the No. 2 KHI Chevrolet. ... market trends, news research and surveys resources
Monday's news and tips
said the cost of the clean-up in the Gulf of Mexico now amounts to $3.5bn, up from $3.12bn a week ago and $2.65bn two weeks ago. ■ Rio Tinto has referred Canadian miner Ivanhoe's breaches of a private placement agreement to arbitration following its adoption of the shareholders rights plan. ■ Strong online sales and a boost from the World Cup helped pizza delivery firm Domino's post another bumper set of results. ■ Falkland Oil & Gas (FOGL) has failed to find any oil in the East Falkland basin after its first exploration well in the region, Toroa F61/5-1, turned up dry. ■ Building society Kent ... market trends, news research and surveys resources


Negative Gearing & CGT
Aug 31, 2007 ... Negative gearing encourages tax-levered debt and tax ... tax break, artificially inflating house prices at the expense of first or low income ... At the top tax rate. (where two-thirds of CGT payers are to be found), ... technology research, surveys study and trend statistics
Nov 02 Inc Tax
To help you in your process of gearing up for the new season, we are happy to provide .... Federal taxable income may be negative for purposes of Form ND-1 ... A 30 percent tax credit is allowed for making an investment of at least $5000 in .... at the top of the order form. Also enter your daytime phone ... technology research, surveys study and trend statistics
63010133.tif:Corel PHOTO-PAINT Select Edition
As a second example, particular sector tax breaks, like most other subsidies, become capitalised .... negative for investments in negatively geared rental ...
latest webinars
  1. Welcome to Centric Wealth's Webinar
  2. How to give a webinar (and not look like an idiot)
Join these Webinars to learn more about current research, trends and surveys.
logic of landlording: how to make money? | Ask MetaFilter
How can I possibly buy a house with the goal of renting it at a profit? I'm in LA and even duplexes are priced so high that the mortgage costs can not possibly be covered by rents... I owned a three unit apartment in Orlando, Florida, about 15 years ago and made money from day one. (I wish I hadn't sold it when I moved away!). There are rental buildings for sale here, so I assume someone must be buying them. How are they making money? And what is the logic if they're not? Thanks! Put down a big enough down payment that the mortgage payments and operating expenses are less than the rent you'd be taking in. ...
WikiAnswers - Asian Cars Questions including "Do you have to pay ...
A category devoted to vehicles that are manufactured in Asian countries. Questions that specifically refer to these types of cars, and not to any specific vehicle model or brand of car. Total questions 3500 Do you have to pay sales tax if you buy a used car from a non-car selling business in California? Here are opinions and answers from FAQ Farmers: There are probably different laws in different states, but in Kansas you show... Where is the pcv valve located on a 1996 Honda Civic? the pcv tube is between the intake manifold a little tube going into the engine. On the I4, it is located underneath the intake... How do you fix a ...