Hi every one,
Required help regarding negative gearing.
I have bought land before 2 years as an investment..registered last year...building house on the way to 50% completed ..handover in November.. if i sell my house in December straight without renting..I will be in some loss of approx $ 50000 in Total.. Can i claim this amount as a negative gearing..since this is a investment property. Please help me with this..Many thanks