If you’ve been paying attention to the upcoming federal election, you’ll have heard the words “changes to negative gearing” thrown around a lot. Don’t worry if you haven’t been keeping up. We’re here to give you the lowdown on what negative gearing changes mean for you.
How does this impact me as a BrickX investor?
The good news is that BrickX properties are not negatively geared. So these changes won’t impact what we earn on our properties today and therefore won’t change any monthly distributions you receive. Phew!
What exactly is negative gearing?
Negative gearing is where investors borrow money to purchase a property and the interest and other expenses are greater than the rental income received each month.