Shocked to hear that your home loan is bad debt? Offset account & property investment is your secret
In this short video, Dax Stanley explains that a residential home loan is considered "bad debt" because the interest paid is not tax‑deductible, unlike an investment property loan. He advises homeowners to use an offset account or redraw facility to minimise interest costs, and suggests leveraging a tax‑deductible investment property loan to help pay down the home loan. He ends with a direct call‑to‑action, inviting viewers to contact him for assistance in setting up these strategies.
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