Do you have a negatively geared property?

Here's some things you should know:

 - negative gearing is not a good thing

- you will only get your money back if the property increases in value

 - paying minimum loan payments will keep the property negatively geared for a long time

- you only ever get back a percentage of your tax deduction as cash in the hand refund.   If you are on the 39% tax bracket - then you will only get back $39 for every $100 you spend.  (Don't spend you money just for a tax deduction!)