Positive vs Negative Gearing

Positive vs Negative Gearing

Positive vs Negative Gearing

Borrowing money to invest is called 'gearing'.  If you have borrowed to invest and your making a loss, you are negatively geared.  If you are making a profit you are positively geared.  Either way, gearing will still cost you money.

What is negative gearing?

Negative gearing is when yo.....

AIRBNB – YOUR TAX OBLIGATIONS

AIRBNB – YOUR TAX OBLIGATIONS

Currently there are 115,000+ renters on Airbnb.  You can rent out your house, apartment, a room or sublet your residence/property through the Airbnb app.  Any income earned from renting property through Airbnb is assessable.  Airbnb hosts are generally treated exactly the same way as anybody else.....

Uber, UberEats, Airbnb and Airtasker – Your Tax Obligations

Uber, UberEats, Airbnb and Airtasker – Your Tax Obligations

60% of working Australians earn money from sharing economy services.  The sharing economy allows people to use the internet to rent out their property, resources, time or skills.  The most common being Uber, UberEats, Airbnb and Airtasker.What a lot of people are unaware of is the income deriv.....

Military Superannuation

Military Superannuation

The Government will create a new accumulation superannuation scheme for new members of the Australian Defence Force.  There will be no change for existing ADF members, however they may elect to be covered under the new arrangements......

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