How does this work from a tax perspective in Australia? Exploring the tax implications of common investment strategies in the Australian market.
Austral Accountants Changed status to publish July 19, 2024
I ventured into negatively geared property investment a few years ago. Essentially, you can deduct the loss from your rental property against your other income, potentially reducing your overall tax bill. However, it’s not without risks, and the tax benefits shouldn’t be the only consideration. A friend who consulted with Austral Accountants on their property investment strategy said they provided valuable insights on balancing the tax benefits with overall financial goals.
Austral Accountants Changed status to publish July 19, 2024
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