Theoretical scenario, but there must be some people with larger portfolios out there who have struck it.
Income from job = $40,000
Investment properties generate paper loss of $50,000
So "income" = negative $10,000
Do tax benefits stop once you hit $0 income?
Gerrard
Income from job = $40,000
Investment properties generate paper loss of $50,000
So "income" = negative $10,000
Do tax benefits stop once you hit $0 income?
Gerrard
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