@taxinvestaccounting: BUDGET CHAT: Changes to negative gearing will not impact the wealthy with multiple properties - they will still buy established homes!#taxagent #tax #fyp #australia #taxadvice

Patch it up , be fine . :

Trust me as an old dog … the properties that we got the NG on in the early days and then we held for 20 years to our retirement … when we sell them , the CGT ( even with 50% adjustment) is huge !!! And there’s no escaping it coz it’s in personal name .