An Everyday Aussie's Guide to Negative Gearing

By Muriel Oliver

Negative gearing has been a buzz word in Australia for many years, but very few people really understand how it works. The aim of this book is to explain the relevant concepts to assist the everyday user in assessing their own situation before leaping into negative gearing. The book starts with the basic concepts and then moves on to worked example for illustrative purposes. For those already using this investment strategy, it aims to simplify the concept and point out other considerations.

• Language: English
• Publisher: Muriel Oliver
• Release date: Jun 5, 2016
• ISBN: 9781311285300

Muriel Oliver

Muriel has over thirty years’ experience in Accounting, Taxation and Client advisory including over twenty years’ experience in Australia, initially working for Arthur Andersen and is currently a Director of Primarius Financial Solutions, based in Perth.Prior to this she worked in South Africa, Botswana and Hong Kong, having sold her first firm to KPMG in 1989. Muriel's experience covers a wide range of industries, with extensive experience in the accounting profession as well as having worked in commerce as well.Muriel enjoys using her experience and knowledge to find solutions for clients that meet their needs and add value not only to their business, but also to their overall personal financial position.Over the years she has been searching for ways to simplify concepts for clients and to that end has started writing books on various subjects in an attempt to demystify many of the key concepts.She is currently working on a Doctorate of Business Administration focusing on Business Models, Strategy and the family Business.Muriel is a strong advocate of quality systems and procedures to create and maintain sustainable businesses.She is a wife, mother and grandmother and enjoys travelling and playing golf with her husband and spending time with her family.

Book preview

An Everyday Aussie’s Guide to Negative Gearing

An Everyday Aussie’s Guide to Negative Gearing

Smashwords Edition

An Everyday Aussie’s Guide to Negative Gearing written by Muriel Oliver and published by Altipano Pty Ltd at Smashwords Copyright 2016 Muriel Oliver

Smashwords Edition, License Notes

This eBook is licensed for your personal enjoyment only. This eBook may not be re-sold or given away to anyone else. If you would like to share this book with others, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to your favourite eBook retailer and purchase your own copy. Thank you for respecting the hard work of this author.

Acknowledgements

I would like to thank my husband Alan for his everlasting support and encouragement. I would also like to thank both him and our son, Matthew Oliver, my fellow directors, for accompanying me on this exciting daily journey. We have strived to find the best solutions for our clients whilst continually challenging each other along the way.

I would also like to thank Imogen Argile and Susan Dennison for their patience in editing this book and helping me to find that fine balance between just enough information and technical overload.

An additional thank you to our team who assisted in reviewing and providing their feedback and to all our clients and friends: this book is for you – I hope it provides some guidance!

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Contents

Introduction

Chapter 1 - A quick work on negative gearing

Chapter 2 - Key property concepts

Chapter 3 - So why borrow money to invest?

Chapter 4 - Tax terms relative to negative gearing

Chapter 5 - Other factors

Chapter 6 - Property examples used in our study

Chapter 7 - Negative gearing in practice

Chapter 8 - Summary

Chapter 9 - More on negative gearing

Disclaimer

Frequently Asked Questions - FAQ

Muriel_Oliver_Online

Copyright

Introduction

Over the years, so many people have asked me where they can read up on every day financial topics, in order to obtain a deeper understanding of their own situation and make more informed decisions.

Unfortunately, up until now, I have only ever found highly technical reading matter suitable for tax accountants or lawyers. This book aims to provide the reader with a broad overview. The aim of this series of mini-books is to give those everyday users seeking more practical information, the necessary knowledge to understand the basics, and understand how this applies to their own situation.

For this reason, this is not (nor is it intended to be), a definitive book on the topic, as there is an abundance of legally incorrect information out there. Our aim is to describe the idea to an everyday user, whether a business person or investor and to assist them in understanding the concept and deciding whether or not it is suitable for them.

We often hear second or third hand horror stories about the problems people have experienced with their investment structure; it is almost always the case that either they did not understand the concept fully, or that poor housekeeping was employed. Negative gearing, like any other investment structure, must