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Latest Tax Deductions News

Developer's campaign to make negative gearing obsolete
5 min read
Ian Ugarte says investors can create positive cashflow by converting large homes into micro apartments.

Developer's campaign to make negative gearing obsolete

A Queensland-based developer has created a solution for residential investors battling to service debts because of a sudden drop in income due to COVID-19: convert your single rental property into several.

While negative gearing has been a popular tax-reduction strategy for decades, many investors …