Tax Planning Strategy #3: Debt Optimisation Strategy Slideshow
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Debt optimisation (sometimes referred to as “Debt Recycling”) is a financial strategy which creates wealth over time and improves an individual’s debt structure. Achieved, in the majority of cases by:
- Using all surplus income to reduce the home loan (non-tax deductible “bad debt”);
- Creating or increasing investment debt (tax deductible “good debt”) by drawing against equity in the home; and
- Using this borrowed money to build an investment portfolio.
It is a great strategy that can be adapted to suit your goals and time horizons. Though, it is important to note that borrowing money to invest and budgeting are key components.
Click here to schedule an appointment with the Success team TODAY for a FREE review of your current loans and advice on whether you would benefit from a Debt Optimisation strategy!
About Lan Nguyen
Lan is the Founder and Chief Strategist at Success Accounting Group, Melbourne based CA firm. In a matter of short 8 years she has built up a reputable Chartered accounting firm with 3 offices and a team of 6 professional accountants and support team members. Her mission is to provide Innovative and Strategic Financial advice to help her customers make smarter financial decisions today for a brighter future.
Success Accounting Group is for established business owners who would like help to grow a sustained business. As a business owner you understand what drives your business success with our accounting team taking care of the rest.
Success and Wealth
Success Accounting Group Pty Ltd
Oakleigh, VIC, 3166
