Discuss the potential tax benefits for someone earning

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Question: Part 2: Negative Gearing

Jake while talking to a friend (Max) at a party is informed about a topic called “negative gearing”. Tax advantages were discussed so Jake is seeking your advice. He was also told about potential changes should there be a change in Government. In your own words, explain negative gearing to Jake and the potential changes that may occur. In your own words, students should discuss the potential tax benefits for someone earning $100 k per year.

Reference no: EM132212261

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