u/TDATaxDepreciation

“Wait… so depreciation is STILL claimable?”

That’s been the biggest misconception since the Budget announcement.

Everyone’s screaming “negative gearing is dead” but the actual changes are far more specific:

- Existing properties under contract before 12 May 2026 = grandfathered indefinitely
- New builds = unaffected
- Commercial property = unaffected
- SMSFs = unaffected
- Depreciation deductions still continue either way

What actually changes from 1 July 2027 is how losses on certain established residential properties can be used.

A lot of investors are panicking without realising:

• losses are deferred, not lost
• they can still offset future rental income/capital gains
• depreciation schedules still matter massively

Feels like half the internet read the headline and skipped the legislation.

Curious how everyone thinks this will impact:

• investor behaviour?
• property prices?
• the build-to-rent market?
• demand for new builds?