How Interest Only Loans Can Save You $17k+ in Tax Over the Long Term | Ep. 304
- Author
- Opes Partners
- Published
- Sat 11 Jul 2020
- Episode Link
- https://podcasters.spotify.com/pod/show/propertyacademy/episodes/How-Interest-Only-Loans-Can-Save-You-17k-in-Tax-Over-the-Long-Term--Ep--304-egd8ij
In this episode, we discuss the tax argument for interest-only loans, and show how using an interest-only loan (in one case study) could save an investor over $17k in tax over the long term.
This is in the instance where the investor has a $300k personal mortgage to pay down and can choose whether to direct the cashflow from their property towards their personal mortgage, or against their investment mortgage.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
