|
此文章由 purpleme 原创或转贴,不代表本站立场和观点,版权归 oursteps.com.au 和作者 purpleme 所有!转贴必须注明作者、出处和本声明,并保持内容完整
http://www.propertyinvesting.com/strategies/negativegearing.html
找了个地方,看了一下negative gearing 的解释和计算
Negative gearing is a form of financial leverage where an investor borrows money to buy an asset, but the income generated by that asset does not cover the interest on the loan. (When the income does cover the interest it is called positive gearing.)
A negative gearing strategy can only make a profit if the asset rises in value by enough to cover the shortfall between the income and interest which the investor suffers. The investor must also be able to fund that shortfall until the asset is sold. The tax treatment of interest expenses and future gain will affect the investor's final return too. Tax rules vary from country to country.
Negative gearing on property is only found in Canada, Australia, and New Zealand.
————————————————————————
In Australia, negative gearing usually refers to borrowing for a residential investment (e.g. a house or unit) which is rented out. In most places rents are less than the interest on property value, and the investment thus results negative gearing if the investor borrows, for instance, 80% or 90% of the cost. Loans of up to 100% are possible.
The same sort of borrowing to buy shares whose dividends fall short of interest costs is generally called a margin loan rather than negative gearing. This occurs less commonly, but the tax treatment is the same. |
|