Family homes negative gearing faces reform on pre-existing properties. Grandfathering provision allows old properties to continue negative gearing. Budget change adds a CGT change, and exemptions for new builds. However, a loophole enables conversion of current homes to investment properties after July 2027.
A loophole in the new negative gearing rules will allow millions of people to capitalise on full negative gearing concessions after July 2027 by turning their existing homes into investment properties.
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