Negative Gearing – Short-Term Loss For Long-Term Gain

April 30, 2014/Tip of the week

If you earn less from an investment property than it’s costing you, you’re said to be negatively geared. Why might you choose to make a loss? One reason is that it reduces your taxable income. The other is that you might accept a short-term loss in the hope of a capital gain later.  Please contact the Team at Aqua Financial Services to discuss all your lending needs.