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Sorry, I think I have confused you. Depending how the house is set up will depend who can claim the positive/negative gearing. If we own it say 80%/20% then you do your tax return accordingly. The question I wanted to know is that if its tenants in common, can you do a sliding scale each year to change the percentage for tax return purposes.
I haven't found an answer yet but the house we were going to buy has fallen through so don't need to find out right this minute. so will leave it for now.
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