The federal budget
Hi julio,
Why would you say that if you want to negative gear a property stick to Australia?
it is possible to bring some of the losses home to Aus from a negative geared NZ property (the loss incurred if interest payments exceed income).
If a property in NZ is going to have a good likelihood of capital growth but was going to be negatively geared, why not consider that instead of one here that by comparison you think would not have the growth?
Can you tell us why you think that you would not bother with negative gearing in NZ property?
Cheers!!
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