Negative Gearing - Does it Work?
Negative gearing is something we love to talk about when it comes to properties. It is a buzz phrase thrown around at get togethers causing all to nod as if they have uncovered the holy grail. But many don't really understand the concept. Basically, negative gearing is where you borrow to buy a property, the amount of rent you receive from the property in a year is less than the amount required to pay the loan and all other associated costs like rates, insurance and maintenance...