Negative Gearing is talked about a lot when it comes to investment properties. In today’s video I discuss the concept of negative gearing and whether it is actually a good thing. Negative Gearing is something a lot of people think will save them tax. While that may be true, there are other things to consider. In this video I talk about the pros and cons of negative gearing in Australia.
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Do you own an investment property? If so, is it negatively geared?
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📖 Chapters
0:00 Intro
0:35 What is Negative Gearing?
2:50 Pros of Negative Gearing
4:02 Cons of Negative Gearing
5:55 Ownership of the Property
7:31 Summary
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Ethan 'Rooshock' (Rucioch) is an Australian business owner in his mid 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling as well as watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even some social media marketing content.
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Disclaimer
The information in this video and on this YouTube channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks Pty Ltd or any other related party may receive a commission through these.
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#negativegearing #propertyinvesting #negativegearedtax
