Work Smarter not Harder
In tougher times, we often struggle to make ends meet. For those people who have an investment property loan as well as a home loan, then there is some good news.
Recent rulings by the ATO may now enable property investors to gain substantial benefits from their investment property by simply changing the way their home and investment loans are structured.
The benefits of following a similar finance structure approved by the ATO include:
• Drastically reducing the term of your home loan (non-deductible debt)
• Gaining greater control of cash flow for your investment property
• Increasing the yearly tax deductions you can claim against your investment property
Most property investors that we speak to are not aware of these recent rulings.
So I urge you to please contact your accountant or financial advisor to find out more about how you can possibly save yourself thousands of dollars and reduce years off your home loan.
If you need help (while we are not qualified to offer financial advice) please call me on 4739 6200 and I will happily put you in touch with qualified people who can advise you based on your current financial position. This is a free service to our clients and a quick and easy way to identify if there is a better way to finance your investment property and increase your tax deductions.
Phillip Chapman

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