Stewart M.
Balmain, NSW
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How are the proposed negative gearing legislation changes likely to impact on existing and new investment properties?
Responses
Hi Stewart. From what little I've heard, I understand that the existing arrangements are to be grandfathered.
The possible new arrangement will mean that negative gearing will later apply to only brand new properties.
I guess it will all depend on who is in government.
Hi Stewart
It's a good question but until the Government releases or declares their position on negative gearing it makes it difficult to offer an informed opinion
So far we have only heard the oppositions policy changes.
One thing for certain though is that if changes are to be proposed there will be plenty to discuss and think about
Best wishes