Australian Politics Forum - Negative Gearing Never Examined

John Smith

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Re: Negative Gearing Never Examined
Reply #15 - Feb 3^rd, 2016 at 9:51am

Lisa Jones wrote on Feb 3^rd, 2016 at 9:47am:

Unlike you I do.

And unlike you, I have a few properties which are negatively geared.

doesn't sound like it.

You know those interest repayments you claim as tax deductions, that's the 'government assistance' Bam is referring to.

Now tell me again how many properties you have negatively geared Cheesy

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Negative Gearing Never Examined Reply #16 - Feb 3^rd, 2016 at 9:51am Lisa Jones wrote on Feb 3^rd, 2016 at 9:47am: Now could you tell us again how auctioneers are not allowed to know the reserve price in an auction? what do you mean again? I didn't say that the first time you id iot!
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Lisa Jones

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Re: Negative Gearing Never Examined
Reply #17 - Feb 3^rd, 2016 at 9:56am

John Smith wrote on Feb 3^rd, 2016 at 9:51am:

Lisa Jones wrote on Feb 3^rd, 2016 at 9:47am:

Now could you tell us again how auctioneers are not allowed to know the reserve price in an auction?

what do you mean again? I didn't say that the first time you id iot!

Yes you did.

And it was hilarious watching you run for cover, then log off.

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If I let myself be bought then I am no longer free.

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Lisa Jones

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Re: Negative Gearing Never Examined
Reply #18 - Feb 3^rd, 2016 at 9:57am

John Smith wrote on Feb 3^rd, 2016 at 9:51am:

Lisa Jones wrote on Feb 3^rd, 2016 at 9:47am:

Unlike you I do.

And unlike you, I have a few properties which are negatively geared.

doesn't sound like it.

You know those interest repayments you claim as tax deductions, that's the 'government assistance' Bam is referring to.

Now tell me again how many properties you have negatively geared Cheesy

You really do know nothing about real estate.

Nor can you read and comprehend basic English.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Lisa Jones

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Re: Negative Gearing Never Examined
Reply #19 - Feb 3^rd, 2016 at 9:59am

Lisa Jones wrote on Feb 3^rd, 2016 at 9:47am:

John Smith wrote on Feb 3^rd, 2016 at 9:44am:

Lisa Jones wrote on Feb 3^rd, 2016 at 9:42am:

Dnarever wrote on Feb 3^rd, 2016 at 9:40am:

Lisa Jones wrote on Feb 3^rd, 2016 at 9:06am:

Bam wrote on Feb 3^rd, 2016 at 9:03am:

It is ridiculous that people get more government assistance to buy investment properties than they get to buy homes to live in.

Is that what you think?

Apparently, or why would he say so: it sounds correct as well ?

Well, the fact is, we get NO GOVT assistance to BUY negatively geared properties.

you do understand how negative gearing works right?

Unlike you I do.

And unlike you, I have a few properties which are negatively geared.

Now could you tell us again how auctioneers are not allowed to know the reserve price in an auction?

We could do with another laugh around here. Shocked

Up for the wannabe!

I've even highlighted my post.

Just for you.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Its time

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Re: Negative Gearing Never Examined
Reply #20 - Feb 3^rd, 2016 at 10:06am

crocodile wrote on Feb 3^rd, 2016 at 9:31am:

Lisa Jones wrote on Feb 3^rd, 2016 at 9:06am:

Bam wrote on Feb 3^rd, 2016 at 9:03am:

It is ridiculous that people get more government assistance to buy investment properties than they get to buy homes to live in.

Is that what you think?

Without the allowable deductions via negative gearing the costs incurred would simply be subtracted from the capital gain when the property is eventually sold. Net change to government revenue is precisely zero. The only thing that alters is the date which it is paid. Policy makers understand something that the Neanderthals around here apparently don't.

Haha swift and brutal as always croc

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mariacostel Gold Member Offline Australian Politics Posts: 7344 Sydney Gender:	Re: Negative Gearing Never Examined Reply #21 - Feb 3^rd, 2016 at 10:06am If negative gearing is so evil why has Labor done nothing at all about it ever?
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Lisa Jones Gold Member Offline Australian Politics Posts: 39047 Sydney Gender:	Re: Negative Gearing Never Examined Reply #22 - Feb 3^rd, 2016 at 10:07am mariacostel wrote on Feb 3^rd, 2016 at 10:06am: If negative gearing is so evil why has Labor done nothing at all about it ever?
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Dnarever Gold Member Offline Australian Politics Posts: 61310 Here Gender:	Re: Negative Gearing Never Examined Reply #23 - Feb 3^rd, 2016 at 10:07am mariacostel wrote on Feb 3^rd, 2016 at 10:06am: If negative gearing is so evil why has Labor done nothing at all about it ever? You don't remember Labor removing negative gearing ? Fella named Keating it was. It was a disaster he had to put it back.
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Dnarever Gold Member Offline Australian Politics Posts: 61310 Here Gender:	Re: Negative Gearing Never Examined Reply #24 - Feb 3^rd, 2016 at 10:10am Lisa Jones wrote on Feb 3^rd, 2016 at 10:07am: mariacostel wrote on Feb 3^rd, 2016 at 10:06am: If negative gearing is so evil why has Labor done nothing at all about it ever? Are you smiling because Maria is always wrong or did you get suckered by her again ?
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Lisa Jones

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Re: Negative Gearing Never Examined
Reply #25 - Feb 3^rd, 2016 at 10:13am

Dnarever wrote on Feb 3^rd, 2016 at 10:07am:

mariacostel wrote on Feb 3^rd, 2016 at 10:06am:

If negative gearing is so evil why has Labor done nothing at all about it ever?

You don't remember Labor removing negative gearing ?

How can anyone forget that short lived messy mistake lol?

Not one of Labor's fine moments in political history unfortunately.

Thank you for reminding us about the blundering buffoonery that can only define Labor.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Negative Gearing Never Examined Reply #26 - Feb 3^rd, 2016 at 10:13am Lisa Jones wrote on Feb 3^rd, 2016 at 9:59am: Up for the wannabe! I've even highlighted my post. Just for you. what part are you struggling with?
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Dnarever

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Re: Negative Gearing Never Examined
Reply #27 - Feb 3^rd, 2016 at 10:19am

Lisa Jones wrote on Feb 3^rd, 2016 at 10:13am:

Dnarever wrote on Feb 3^rd, 2016 at 10:07am:

mariacostel wrote on Feb 3^rd, 2016 at 10:06am:

If negative gearing is so evil why has Labor done nothing at all about it ever?

You don't remember Labor removing negative gearing ?

How can anyone forget that short lived messy mistake lol?

Not one of Labor's fine moments in political history unfortunately.

Thank you for reminding us about the blundering buffoonery that can only define Labor.

Anyone who is making significant reform will occasionally get one wrong, this type of problem Turnbull will never have, if you do nothing you get nothing wrong.

Only one of the reasons that the current government is a waste of space.

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Lisa Jones

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Re: Negative Gearing Never Examined
Reply #28 - Feb 3^rd, 2016 at 10:20am

John Smith wrote on Feb 3^rd, 2016 at 10:13am:

Lisa Jones wrote on Feb 3^rd, 2016 at 9:59am:

Up for the wannabe!

I've even highlighted my post.

Just for you.

what part are you struggling with?

Well, to be brutally honest, I'm struggling with how clueless you are when it comes to real estate.

You've never owned property at all. Ever.

Fact!

Would you kindly tell us all again how auctioneers are not allowed to know the reserve price at an auction?

Please do.

In the mean time, hopefully you might be abe to find out why my post which I highlighted just for you...is actually correct. Ask someone here. They might be able to teach you something new today lol.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Dnarever

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Re: Negative Gearing Never Examined
Reply #29 - Feb 3^rd, 2016 at 10:21am

Lisa Jones wrote on Feb 3^rd, 2016 at 10:13am:

Dnarever wrote on Feb 3^rd, 2016 at 10:07am:

mariacostel wrote on Feb 3^rd, 2016 at 10:06am:

If negative gearing is so evil why has Labor done nothing at all about it ever?

You don't remember Labor removing negative gearing ?

How can anyone forget that short lived messy mistake lol?

Not one of Labor's fine moments in political history unfortunately.

Thank you for reminding us about the blundering buffoonery that can only define Labor.

You know that the way history has been re-written would indicate that Keating was right all along and that he should have stuck to his guns.

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Poll
Question: If NG is to be cut, what would you replace it with?
* This poll has now closed *
NG on new properties only 1 (16.7%) Limit NG for 7 years after purchase 0 (0.0%) Abolish NG, tax offsets against future profits 1 (16.7%) Abolish NG and replace it with nothing 1 (16.7%) Limit it to one or two properties 3 (50.0%) Something else? (Discuss) 0 (0.0%) Total votes: 6 « Last Modified by: Bam on: Feb 4^th, 2016 at 5:08pm »