Hello confusion. Welcome to the forums.
You can use our negative gearing calculator to work out the profit or loss from your investment property as well as your tax refund from negative gearing.
We simply deduct the costs for the property from the rent income you receive. This gives us your weekly cashflow. For new properties, we can also deduct depreciation.
We can then calculate the effect that this will have on your taxable income and the amount of tax you would get back, depending on your tax rate.
Hope this helps.
Cheers,
Otto
How do I work out my estimated negative gearing myself?
- Otto Dargan
- Mortgage Specialist
- Posts: 7730
- Joined: Sat Sep 06, 2008 5:55 pm
- Location: Sydney, Australia
- Contact:
- Otto Dargan
- Mortgage Specialist
- Posts: 7730
- Joined: Sat Sep 06, 2008 5:55 pm
- Location: Sydney, Australia
- Contact:
Re: How do I work out my estimated negative gearing myself?
Hi confusion,
You can use the investment property cashflow calculator to accurately predict the weekly cashflow position of your next investment property.
Simply enter the details the details of the purchase including property price and your deposit, your income and the expected rent income, and the costs associated with the property although our calculator will estimate some of them for you, and our calculator will work out the rest for you.
If you would like to know more about these including your investment property borrowing power then you can check out our website. You can also speak with one of our investment loan specialists by calling 1300 889 743 or enquiring online.
Cheers,
Otto
You can use the investment property cashflow calculator to accurately predict the weekly cashflow position of your next investment property.
Simply enter the details the details of the purchase including property price and your deposit, your income and the expected rent income, and the costs associated with the property although our calculator will estimate some of them for you, and our calculator will work out the rest for you.
If you would like to know more about these including your investment property borrowing power then you can check out our website. You can also speak with one of our investment loan specialists by calling 1300 889 743 or enquiring online.
Cheers,
Otto