One Nation to Allow Negative Gearing for 2 Properties

One Nation to Allow Negative Gearing for 2 Properties

One Nation Leader Pauline Hanson has revealed her party’s own plan for managing negative gearing on investment properties to counter Labor’s recent contentious tax reforms. Under the One Nation proposal, investors would be able to negatively gear up to two investment properties. Negative gearing occurs when the costs associated with owning an investment property exceed the rental income it generates. The resulting net loss can be offset against …