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Unit trust negative gearing

Discussion in 'Accounting, Tax & Legal' started by 13109990, 2nd Aug, 2009.

  1. 13109990

    13109990 Member

    Joined:
    23rd Jun, 2009
    Posts:
    8
    Location:
    Perth, WA
    Hey guys,

    Where do investors stand in terms of the new negative gearing rules passed recently?

    From my understanding, ATO no longer allows full deductions under s.8.

    Is this correct? Is negative gearing still available for unit holders?

    Appreciate the feedback