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Poll closed 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 4th, 2016 at 5:08pm »

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Negative Gearing Never Examined (Read 11224 times)
Its time
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Re: Negative Gearing Never Examined
Reply #30 - Feb 3rd, 2016 at 10:22am
 
Lisa Jones wrote on Feb 3rd, 2016 at 10:20am:
John Smith wrote on Feb 3rd, 2016 at 10:13am:
Lisa Jones wrote on Feb 3rd, 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.




Naughty little troll , go sit in the corner and repent , your jesus is very unhappy with you
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Lisa Jones
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Re: Negative Gearing Never Examined
Reply #31 - Feb 3rd, 2016 at 10:22am
 
Dnarever wrote on Feb 3rd, 2016 at 10:19am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:13am:
Dnarever wrote on Feb 3rd, 2016 at 10:07am:
mariacostel wrote on Feb 3rd, 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.



1. HEY, YOU BROUGHT THEIR MESS UP.

2. DIDDUMS THAT YOUR ARGUMENT BACKFIRED.
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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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Jovial Monk
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Re: Negative Gearing Never Examined
Reply #32 - Feb 3rd, 2016 at 10:25am
 
Lisa Jones wrote on Feb 3rd, 2016 at 9:42am:
Dnarever wrote on Feb 3rd, 2016 at 9:40am:
Lisa Jones wrote on Feb 3rd, 2016 at 9:06am:
Bam wrote on Feb 3rd, 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.

Do you understand what negative gearing is, at all?

You obviously own no properties.
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Lisa Jones
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Re: Negative Gearing Never Examined
Reply #33 - Feb 3rd, 2016 at 10:26am
 
Its time wrote on Feb 3rd, 2016 at 10:22am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:20am:
John Smith wrote on Feb 3rd, 2016 at 10:13am:
Lisa Jones wrote on Feb 3rd, 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.




Naughty little troll , go sit in the corner and repent , your jesus is very unhappy with you


No He's not!

And how about you read my post...the one I've highlighted just for Johhny who clearly knows S F A about real estate.

Then come back and tell me if I'm wrong.

NB I know I'm right. Unlike clueless Johnny, I've been through the process a few times.

I never once got any govt assistance to BUY a negatively geared property.  Fact!
Back to top
 

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

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)
 
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Jovial Monk
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Dogs not cats!

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Re: Negative Gearing Never Examined
Reply #34 - Feb 3rd, 2016 at 10:27am
 
Lisa Jones wrote on Feb 3rd, 2016 at 10:22am:
Dnarever wrote on Feb 3rd, 2016 at 10:19am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:13am:
Dnarever wrote on Feb 3rd, 2016 at 10:07am:
mariacostel wrote on Feb 3rd, 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.



1. HEY, YOU BROUGHT THEIR MESS UP.

2. DIDDUMS THAT YOUR ARGUMENT BACKFIRED.


Still showed Longy as a know nothing who makes stuff up all the time.
Back to top
 

OzPolitic needs a >real< Environment MRB now!
OzPolitic needs a >real< Food MRB now!
OzPolitic needs a >real< Health MRB now!
OzPolitic needs a >real< Economics MRB now!

Topics in the right MRB!
 
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Dnarever
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Re: Negative Gearing Never Examined
Reply #35 - Feb 3rd, 2016 at 10:29am
 
Lisa Jones wrote on Feb 3rd, 2016 at 10:22am:
Dnarever wrote on Feb 3rd, 2016 at 10:19am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:13am:
Dnarever wrote on Feb 3rd, 2016 at 10:07am:
mariacostel wrote on Feb 3rd, 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.



1. HEY, YOU BROUGHT THEIR MESS UP.

2. DIDDUMS THAT YOUR ARGUMENT BACKFIRED.


I can accept that he got 1 wrong, no big deal.

If the current used numbers  are correct it wasn't really a mess at all - he actually got it right and it was another politically created media driven dishonest election stunt.

People now say that the housing marked didn't really fail and rental property really wasn't increasing in price and demand wasn't failing to be supplied.

At the time the Australian community through the Liberal party and media were being bombarded with media reports of a pending disaster in housing.

Economist now say that it was all untrue, just like the budget emergency panic.

At the time I believed it, I thought that Labor had stuffed up now I am not so sure.
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Lisa Jones
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Re: Negative Gearing Never Examined
Reply #36 - Feb 3rd, 2016 at 10:30am
 
Lisa Jones wrote on Feb 3rd, 2016 at 10:26am:
Its time wrote on Feb 3rd, 2016 at 10:22am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:20am:
John Smith wrote on Feb 3rd, 2016 at 10:13am:
Lisa Jones wrote on Feb 3rd, 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.




Naughty little troll , go sit in the corner and repent , your jesus is very unhappy with you


No He's not!

And how about you read my post...the one I've highlighted just for Johhny who clearly knows S F A about real estate.

Then come back and tell me if I'm wrong.

NB I know I'm right. Unlike clueless Johnny, I've been through the process a few times.

I never once got any govt assistance to BUY a negatively geared property.  Fact!


No comeback?

Thought so.

I accept your surrender.

Let's move on.
Back to top
 

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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Posts: 39047
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Gender: female
Re: Negative Gearing Never Examined
Reply #37 - Feb 3rd, 2016 at 10:31am
 
Dnarever wrote on Feb 3rd, 2016 at 10:29am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:22am:
Dnarever wrote on Feb 3rd, 2016 at 10:19am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:13am:
Dnarever wrote on Feb 3rd, 2016 at 10:07am:
mariacostel wrote on Feb 3rd, 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.



1. HEY, YOU BROUGHT THEIR MESS UP.

2. DIDDUMS THAT YOUR ARGUMENT BACKFIRED.


I can accept that he got 1 wrong, no big deal.

If the current used numbers  are correct it wasn't really a mess at all - he actually got it right and it was another politically created media driven dishonest election stunt.

People now say that the housing marked didn't really fail and rental property really wasn't increasing in price and demand wasn't failing to be supplied.

At the time the Australian community through the Liberal party and media were being bombarded with media reports of a pending disaster in housing.

Economist now say that it was all untrue, just like the budget emergency panic.


Stop back pedalling. It shows no self respect.
Back to top
 

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

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)
 
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Jovial Monk
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Dogs not cats!

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Re: Negative Gearing Never Examined
Reply #38 - Feb 3rd, 2016 at 10:33am
 
Lisa, darling when you buy an (imaginary) investment property do you claim for interest in your tax return?
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OzPolitic needs a >real< Environment MRB now!
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OzPolitic needs a >real< Economics MRB now!

Topics in the right MRB!
 
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Dnarever
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Re: Negative Gearing Never Examined
Reply #39 - Feb 3rd, 2016 at 10:35am
 
Lisa Jones wrote on Feb 3rd, 2016 at 10:30am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:26am:
No He's not!

And how about you read my post...the one I've highlighted just for Johhny who clearly knows S F A about real estate.

Then come back and tell me if I'm wrong.

NB I know I'm right. Unlike clueless Johnny, I've been through the process a few times.

I never once got any govt assistance to BUY a negatively geared property.  Fact!


No comeback?

Thought so.

I accept your surrender.

Let's move on.


Lisa the fact that it is negative geared means that you are getting government assistance on you tax.

The government are effectively helping you to pay your loan.
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Its time
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Boot libs out

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Re: Negative Gearing Never Examined
Reply #40 - Feb 3rd, 2016 at 10:37am
 
Lisa Jones wrote on Feb 3rd, 2016 at 10:30am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:26am:
Its time wrote on Feb 3rd, 2016 at 10:22am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:20am:
John Smith wrote on Feb 3rd, 2016 at 10:13am:
Lisa Jones wrote on Feb 3rd, 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.




Naughty little troll , go sit in the corner and repent , your jesus is very unhappy with you


No He's not!

And how about you read my post...the one I've highlighted just for Johhny who clearly knows S F A about real estate.

Then come back and tell me if I'm wrong.

NB I know I'm right. Unlike clueless Johnny, I've been through the process a few times.

I never once got any govt assistance to BUY a negatively geared property.  Fact!


No comeback?

Thought so.

I accept your surrender.

Let's move on.


I would like to credit you with enough intellect to say that you knew that Bams post had nothing to do with the purchase but the ongoing deductions of a rental, naughty little troll  Wink
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Jovial Monk
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Re: Negative Gearing Never Examined
Reply #41 - Feb 3rd, 2016 at 10:38am
 
Just how dense is Lisa?
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OzPolitic needs a >real< Environment MRB now!
OzPolitic needs a >real< Food MRB now!
OzPolitic needs a >real< Health MRB now!
OzPolitic needs a >real< Economics MRB now!

Topics in the right MRB!
 
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Dnarever
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Re: Negative Gearing Never Examined
Reply #42 - Feb 3rd, 2016 at 10:40am
 
Lisa Jones wrote on Feb 3rd, 2016 at 10:31am:
Dnarever wrote on Feb 3rd, 2016 at 10:29am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:22am:
Dnarever wrote on Feb 3rd, 2016 at 10:19am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:13am:
Dnarever wrote on Feb 3rd, 2016 at 10:07am:
mariacostel wrote on Feb 3rd, 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.



1. HEY, YOU BROUGHT THEIR MESS UP.

2. DIDDUMS THAT YOUR ARGUMENT BACKFIRED.


I can accept that he got 1 wrong, no big deal.

If the current used numbers  are correct it wasn't really a mess at all - he actually got it right and it was another politically created media driven dishonest election stunt.

People now say that the housing marked didn't really fail and rental property really wasn't increasing in price and demand wasn't failing to be supplied.

At the time the Australian community through the Liberal party and media were being bombarded with media reports of a pending disaster in housing.

Economist now say that it was all untrue, just like the budget emergency panic.


Stop back pedalling. It shows no self respect.


Explaining what happened in greater detail does not infer back peddling in any way.

I am not supporting the removal of negative gearing but I don't mind having it looked at and maybe updated a bit. I am still concerned about the Keating experience as it did seem real at the time.

I brought up Keating only to demonstrate that as usual Maria held an unreliable grasp on the facts.
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Lisa Jones
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Re: Negative Gearing Never Examined
Reply #43 - Feb 3rd, 2016 at 10:46am
 
Dnarever wrote on Feb 3rd, 2016 at 10:35am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:30am:
Lisa Jones wrote on Feb 3rd, 2016 at 10:26am:
No He's not!

And how about you read my post...the one I've highlighted just for Johhny who clearly knows S F A about real estate.

Then come back and tell me if I'm wrong.

NB I know I'm right. Unlike clueless Johnny, I've been through the process a few times.


I never once got any govt assistance to BUY a negatively geared property.  Fact!


No comeback?

Thought so.

I accept your surrender.

Let's move on.


Lisa the fact that it is negative geared means that you are getting government assistance on you tax.

The government are effectively helping you to pay your loan.


Oh My God Father lol...that's a different matter altogether.

In BUYING the home for the purposes of negatively gearing it, no govt assistance is given.

That is what I have been saying.

Read back. It's all there.

In order to BUY a home, you must meet certain criteria in order to take out the loan to cover its purchase.

In meeting these criteria, your financial institution will take into consideration what money/assets you have upfront. They also include 1st home owner grants etc. No grants exist for negatively geared properties.

That's what I've been essentially posting.
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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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Posts: 39047
Sydney
Gender: female
Re: Negative Gearing Never Examined
Reply #44 - Feb 3rd, 2016 at 10:49am
 
Jovial Monk wrote on Feb 3rd, 2016 at 10:38am:
Just how dense is Lisa?


I know you can't help yourself...but can you troll somewhere else?

Try Fermentations. The mod there will tolerate you. Don't go anywhere else. Just there. And stay there. Thanks.
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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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