❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty 💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 consultingbypk.com.au/podcast/
Thank you PK. This video is so good. I love it although I do not do my own tax return but with this infomation then I can spot if my accountant is doing it right.
Sorry but I don’t understand when Mohamed say Interest in advance (i,e bringing forward the next year interest) is not tax deductible in the current FY. Can you please clarify more on this? My tax accountant said it is tax deductible.
Say if you took out an investments loan of $170 000 to buy a $225 000 property and you’ve put in extra $ over the year and it has now sitting at a balance of $30 000, so there is $140 000 that you could take out. Is it okay to take that $140 000 out because it was the extra that you put in? Ps it’s an interest repayment loan. Can you take out the extra $140 000 to put it toward your principle home?
Great video and insights. Wondering if it is possible to claim the interest as income tax deduction on the amount you've redrawed from your home loan to pay for your investment property mortgage repayment? It's really tricky when I try to research about this especially when it comes to redraw facility.
❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES
💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty
💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 consultingbypk.com.au/podcast/
Incredible that you both offer this up freely. Such helpful content. Thanks for the tips.
PK, 30 years ago I used to pay $3k for a weekend seminar to get this information. Even then the relevant information was covered up with hype.
You’re welcome
I love your content they are so informative, and you really look after your viewers. I really enjoyed this session. Gained a lot out of it
One of the best videos you have uploaded. Very informative
Good content and well structured in delivery
very useful information again! Thank you Pk & Mo!
PK I like your well-planned & organized contents, worth to listen/watch. Keep up the great work 🎉❤
Great session.
Covering lot of info for investors.
Great work Pk & Mohamed Radwan
Thanks mate
Thank you PK. This video is so good. I love it although I do not do my own tax return but with this infomation then I can spot if my accountant is doing it right.
That’s what it’s all about!
Thank you PK and Mohamed for this very informative video!!
Thanks
Love this type of content. Thank you!
Cheers mate
Thanks PK for making this video. its very informative for a newbie like me. 🙏
My pleasure 😊
Great video. Good insights. Thank you
Thank you
You are the best! ❤
Sorry but I don’t understand when Mohamed say Interest in advance (i,e bringing forward the next year interest) is not tax deductible in the current FY. Can you please clarify more on this? My tax accountant said it is tax deductible.
If someone is renting 1 or 2 rooms in their primary residence, can they claim the interest or portion of interest in tax?
Try ATO Community section for answer
@@leonie563 thank you
Say if you took out an investments loan of $170 000 to buy a $225 000 property and you’ve put in extra $ over the year and it has now sitting at a balance of $30 000, so there is $140 000 that you could take out. Is it okay to take that $140 000 out because it was the extra that you put in? Ps it’s an interest repayment loan. Can you take out the extra $140 000 to put it toward your principle home?
Great video and insights
Much appreciated
Great video and insights. Wondering if it is possible to claim the interest as income tax deduction on the amount you've redrawed from your home loan to pay for your investment property mortgage repayment? It's really tricky when I try to research about this especially when it comes to redraw facility.
Best to get in touch with him i reckon
Very useful. Thank you very much