• JayDee@lemmy.world
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    3 days ago

    What does negative gearing mean?

    Edit: just looked it up. It appears to be when one invests in something that is a loss in the shortterm and writing those losses off as a tax cut. Then when the invested item appreciates in value, you sell it for more than you initially invested. That way your able to make a larger profit by ignoring whatever losses up-front you would have incurred.