In IT6 label Y, the loss you show is the amount by which the deductions relating to the taxpayer's rental properties exceed the income from those properties.
Labels integrating into IT6
The amount calculated integrates to label Y if it is a loss. If there is no amount integrating, enter zero at the label Y.
Label O: Distribution from partnerships (Share of Label O relating to net rental income or loss)
Label F: Deferred losses from rental property business
label G: Deferred losses from sole trader business
Label R - Foreign rental income or loss
Rental income or loss
Label Y: Assessable balancing relating to rental properties
The low-value pool deduction being claimed relates to the rental income or loss
Label Y: Partnership deductions relating to rental properties
Label J: Any deductions related to rental property