Any Australians putting Oz rental returns into super as non-resident?

[jimbo_jones]

I've been cleaning up my Australian superannuation accounts before I move to Hong Kong.

I don't have a Self-managed super.

I have a few rental properties that I will get taxed 30% on (from my quick reading of ATO website) as I will be non-resident.

Say I get aud$40k net rental. I would pay tax of 30%, so I get aud$28k and pay aud$12k tax.

I think I can put up to $25k into superannuation and reduce my taxable income ($25k is the maximum contribution, before you get hit with a 30% tax, otherwise it's a 15% tax).

I now have taxable income of $15k, $10.5k net, with $4.5k tax, with another $25k into super. ($7.5k tax savings).

I don't have a huge pressing need for the cash, as I think I can withdraw my MPF back out later when/if I return to Australia. It is most likely going to be parked into a savings plan for my son's private school fees.

Does anybody else do something like this? Are my numbers/reading correct?

[SannyJ]

Can you refinance and negative gear the properties so you do not have to pay any tax at all?

[jimbo_jones]

Can you refinance and negative gear the properties so you do not have to pay any tax at all?

Everything is paid off. No debts, wife is not keen on gearing. Got caught up in margin loans during the tech-wreck, etc.