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Investment Property & Negative Gearing

Discussion in 'General Investing Discussion' started by itssyed, 22nd May, 2011.

  1. itssyed

    itssyed New Member

    Joined:
    31st Mar, 2011
    Posts:
    4
    Location:
    Sydney, NSW
    Here is my question, pls advice/suggest

    I intend to buy a block of land for investment. No building permitted for next 7years. Need help to understand that whether:

    1. Would I be able claim (in tax returns) expenses such as interest payment on mortgage, land tax, and others associate/eligible claims?

    2. Is it advisable/tax benefit to purchase the land in the name of family trust?

    Thanks