Yanis Varoufakis on Australia

Discussion in 'Property Market Economics' started by Graeme, 25th May, 2016.

Join Australia's most dynamic and respected property investment community
Tags:
Page 2 of 2
  1. Ted Varrick

    Ted Varrick Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    1,941
    Location:
    No Mans Land
    And as the Finance Minister in the Greek Parliament hopefully he would maintain a fully inflation-indexed pension for life, in, thinking wishfully, US dollars...
     
    Ted Varrick, 1st Jun, 2016
    #21
  2. hash_investor

    hash_investor Well-Known Member

    Joined:
    11th Oct, 2015
    Posts:
    2,440
    Location:
    Sydney / Canberra
    How is the negative gearing treated in the other countries? According to my information negative gearing is not something unique to Australia. US is another country I am pretty sure allows deduction for losses in your investment properties, even if you have some overseas vacation homes. @Dean Collins ?
     
    hash_investor, 14th Jun, 2016
    #22
  3. Dean Collins

    Dean Collins Well-Known Member

    Joined:
    21st Feb, 2016
    Posts:
    982
    Location:
    New York
    we don't have any investment property in the usa (only Australia) in the usa we have a PPOR (well for the next few years anyway).

    keep in mind we don't get to negatively gear our Australian losses against Australian income eg we can only deduct to "zero" and then the rest carries forward.
     
    Dean Collins, 14th Jun, 2016
    #23
Page 2 of 2
Benefits of Washington Brown's Referral Program