If you are one of the many people who have invested in, or thinking of investing in real estate to derive rental returns, this article may assist you in understanding how the income tax system in Australia affects you.

It discusses the concept of negative gearing; the principles underlying the taxation of income from property that is rented out; and the deductions that are allowable against rental income.

Prepared by: HLB Mann Judd Chartered Accountants

Download and read the full article on Taxation Issues here