Negative Gearing

Negative gearing is the word that describes an asset that costs more to maintain than the income it produces. This can be claimed as an expense to reduce the owner’s taxable income.

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Planwise AU Pty Ltd trading as UNO Home Loans ABN 81 609 882 804 Australian Credit Licence Number 483595. UNO values your privacy and last updated our Privacy Policy on 29 January 2020. L17, 123 Pitt Street, Sydney NSW 2000