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Old 07-11-2014, 10:37 AM
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Larryp (Laurie)
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Join Date: Apr 2012
Location: Sydney
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Quote:
Originally Posted by Renato1 View Post
I suspect that what the government allows to taxpayers via negative gearing, it more than makes up for with Capital Gains Tax.

Win-Win.

Regards,
Renato
Capital gains tax is discounted the longer you own the asset, and property is normally held for a long time
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