“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 ·
“Different sub-accounts under the same loan facility, each with its own statement and balance… loan contamination… ATO can disallow deductions”
Aidan Gullman · Financial Autonomy · Debt Recycling: Could You Use Your Mortgage to Build Wealth Faster?
Play from 12:30
12:30
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What was described
Set up separate sub-accounts (loan splits) for deductible and non-deductible debt within the same loan facility
Said nearby on the same subject
“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 ·
“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 ·
“For non-deductible home loan portion, an offset is generally preferred over relying on a redraw precisely because it avoids any risk of mixing funds”
AG
Aidan Gullman
Financial Autonomy ·
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