Insights on Similar Topics

Negative gearing, the tax benefit of having more deductions that income on an investment (generally property), has been around for a long time but has also been in the cross-hairs to feel the axe of tax reform for a while too.

The latest swipe has come from the Murray Review of the Financial System.

Whats it all mean?

The number of self-managed super funds (SMSF) has grown sharply over the last few years.  And its in no small part because SMSF's can borrow to invest these days.

Like any investment theres risk.  Is the risk worth it?

Negative gearing in the rental property market is very popular with such a broad range of Australians.

From those starting out in the property market to mums and dads, it seems so many people think generating a tax loss from having a property is a great idea.

But is it really??

Given that the average age of business owners within Australia is currently 56, it is more likely that you will be a "Baby Boomer" business owner yourself.

This can pose a number of issues for you and your business.

When selling a house making sure that the gardens are tidy, the interior is clean and pest treatments are up to date are all simple matters that can be taken care of before inspection times. This will attract the eye and cheque book of the purchaser with little need for negotiation.

Some good opinion on buying property, originally appeared in SMH on August 15, 2012.

House prices may be treading water, but a good investment can still be found if the focus is on yield with realistic views on the prospect of price growth.