Negative Gear Family Home - PropertyInvesting.com
I asked this question in a different forum, but got confused on who was repling to me. A friend of…
www.propertyinvesting.comNegative gearing for family homes faces reform on pre-existing properties. Grandfathering provision lets pre-existing properties continue to be negatively geared. Budget change adds a CGT change, plus exemptions for new builds. However, a loophole allows owners to convert current homes into investment properties after July 2027.
I asked this question in a different forum, but got confused on who was repling to me. A friend of…
www.propertyinvesting.comA loophole in the new negative gearing rules will allow millions of people to capitalise on full negative gearing concessions after July 2027 by turning their existing homes into investment properties.
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