Search results for “Save For Retirement and Manage Your Tax Position”

I have written previously about interest only finance and particularly the pros and cons of such a strategy. Setting aside the current pressure on lenders to restrict interest only funding I think it’s worth having a broad look at interest only finance, why borrowers and advisors advocate these strategies and why they may be wrong. In this article we will talk about interest only finance in the context of money borrowed to acquire an income producing asset such as a business or investment property. The central premise is driven by current taxation rules which essentially allow interest costs associated with a loan to acquire anRead More →