Creating wealth through purchasing investment properties is a well established practice in Australia. This page outlines a brief guide to negative gearing and depreciation.  This guide is not a complete reference to the Tax & Legal ramifications of negative gearing or depreciation. Accountants and solicitors are the only professionals qualified to give you advice in this area. It is important for you to appreciate the principles of negative gearing in order to assist you in with your decision to purchase an investment property. …read more