“Someone who chooses interest-only on the investment split usually maximises the deductible interest and directs all surplus… towards a non-deductible home loan”
AG
Aidan Gullman
Financial Autonomy ·
“If you do it the way I and most of my clients do, you buy it with cash, you take the mortgage after, and as long as you income trace it to other investments, you can deduct all of it.”
Adam Katz · Moneywise · How This Wealth Advisor Spends $1M/Year ($300K on Vacations)
Play from 13:10
13:10
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
Buy a home with cash, then take out a mortgage and deduct all the interest as investment loan
$2 million mortgage at 5% (~$100,000 interest)
Said nearby on the same subject
“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
AG
Aidan Gullman
Financial Autonomy ·
“Loan split… $500,000 non-deductible home loan… put $100,000 into the loan, split it into $400,000 or $100,000 and then go invest $100,000 in shares”
PN
Pat Noll
Equity Mates Investing Podcast ·
“Debt recycling… $500,000 non-deductible mortgage, got 50K in savings… split it… now $450,000 and $50,000 and then go invest the 50K into shares… now you have $450,000 non-deductible debt and 50,000 tax deductible debt”
PN
Pat Noll
Equity Mates Investing Podcast ·
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