Leigh Morris on Instagram: "Rich people things... In certain investment strategies, loans are structured as interest-only rather than principal and interest. This keeps repayments lower and can maintain interest deductibility for tax purposes. Using salary income to reduce principal can be less tax-efficient, as income at the top marginal rate is generally taxed at around 47% (including Medicare levy). In contrast, when an investment asset is sold after being held for more than 12 months, the 50
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Instagramfinancial.leigh
Leigh Morris on Instagram: "Rich people things... In certain investment strategies, loans are structured as interest-only rather than principal and interest. This keeps repayments
In this informative video, we delve into the world of interest-only loans and their tax benefits, revealing how savvy investors use this strategy to maximize their wealth. We explore the smart way to pay down debt, the tax-efficient approach to investment, and how top investors use these strategies to boost their returns. Whether you're a ...
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