![]() ![]() Provided the property has been tenanted for the whole financial year, multiply the weekly rent by 52. If you’re looking to get a rough idea of how you may calculate negative gearing, you can follow the process below:Ĭalculate your property income: This will typically consist solely of the weekly rent your tenants are paying. Consider consulting a qualified financial adviser or accountant. While this calculator can give you an estimate on how much your taxable income tax could be affected by negative or positive gearing, you shouldn’t base your investment decisions on it. Fees you have to pay on the property (council rates, strata fees, insurance, repairs and maintenance etc.).Your rental income and gross personal income (before tax). ![]()
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