Byrz

Free calculator · scenario modelling only

Negative gearing salary offset: current law vs 2027 reform

Enter your rent, interest expense and other taxable income. The calculator returns the annual tax saving from offsetting the property loss against salary, under current law and under the proposed 2027 restriction.
Current law (pre 2027-28)
Tax saving from offsetting salary
+$1,924/yr
Reform (from 2027-28)
Loss quarantined - salary offset removed
+$0/yr
Annual tax saving lost under reform
$1,924/yr

Net property loss this year: $5,200. Under reform, this loss carries forward indefinitely against future residential rental income only - it cannot offset salary or non-property income.

Simplified. The full Byrz engine also factors in operating expenses, depreciation (Div 40 + Div 43), land tax, principal repayment vs IO, and applies year-by-year tax brackets across the full hold period. Run it on your property →

What the calculator does

For the year you enter, it computes:

  1. Net property loss = annual interest minus annual rent. (Ignores depreciation and operating expenses for clarity - the full report includes them.)
  2. Current-law tax saving = the difference between tax on your taxable income and tax on (taxable income minus the property loss), at 2027-28 Stage 3 tax brackets.
  3. Reform tax saving = zero. Under the proposed negative-gearing restriction on established residential property from 1 July 2027, the loss is quarantined - it carries forward against future residential rental income only.

What it doesn't do

Caveats

The 2027 negative-gearing restriction is proposed as of late 2026 - not law. See the full explainer: How the proposed 2027 negative gearing restriction works.

For the full multi-year picture on your specific property - cashflow drag, after-tax equity, alternative structures and the carry-forward modelling - see the $49 Byrz property report.