Koste Chartered Quantity Surveyors 1300 669 400  |  info@koste.ai

Owning Property · Koste Knowledge Base

Can I Claim Rental Property Losses Against My Salary?

Quick Answer

Yes, in Australia, you can offset rental property losses against your salary under the concept of 'negative gearing'. This means if your rental expenses exceed your income, you can reduce your taxable income. However, the specifics can vary, so consulting with a tax professional is advisable.

Read Full Article Free Calculator
negative gearingrental property lossestax deductionsproperty investmentATO rules

Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai