Changes to Negative Gearing

Investment information

Changes to Negative Gearing

By Hayley Pillar | 01-05-18 As of 1st July 2018, depreciation deductions for items such as curtains and ceiling fans will only be allowed if the investor purchased them after they purchased the property.
Investors also won’t be able to claim travel deductions relating to visiting/inspecting their investment property.

It is always best to speak to your accountant for more information regarding this.