Costs for landlords

Updated April 24 2018 - 10:07pm, first published July 2 2016 - 5:57pm

Wal Pywell (Letters, June 26) looks enviously at all the deductions available to the investor but he doesn't mention what will happen when the renter defaults or trashes the place. Home owners usually don't default or trash their place. Negative gearing is not much good if you lose your job! Negative gearing is used to save for your future so you don't rely on future taxpayers for your future lifestyle.

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