For anyone who owns or is thinking of buying investment properties, the right loan strategy and structure can be implemented to save tax and maximise your wealth. Here’s how… Strategy #1a: Lower your non tax deductible debt When you borrow money from the bank to buy an investment property that loan is classified as an […]
Minimise your tax and maximise wealth with the right loan structure
The sensible way to use interest only loans
In 4Q15 the value of interest only loans issued in Australia increased by 84% over the previous three years (vs. only 20% growth in the value of principal and interest loans). In the December 2014 quarter interest only loans accounted for 43% of all new home loans issued. Of these, 41% were issued to owner […]
Everyone’s using a mortgage broker — should you?
As at February 2015, residential mortgage loans in Australia totalled $1.44 trillion, and of all the new loans originated each year mortgage brokers are now responsible for over half of them. This post explains what mortgage brokers do why they have become so popular. Background To get started, in order to understand the role of a […]