Most successful property investors have a number of tools - Tool 10

The days of working diligently our entire lives to pay off our mortgages and then retire are thankfully over.

Unfortunately, some landlords still adopt this mentality and have principal and interest loans on their properties.

As it’s only the interest component that is tax deductible, the best strategy is usually to have interest-only loans on investment properties.

This allows any extra cash flow to be used to grow your portfolio as well as maximising tax deductions.


Want to see if we can help you get a better deal with your investment or home loan
Just email jason@renlrenta.com

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Jason Gwerder
Friday, 24 July 2020

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