When it comes to property investment, everybody’s goals are different. If your investment strategy is focussed on paying off the loan as soon as possible or simply repaying the interest, we have a range of investment home loans with repayment options to help you meet your goals.

 

Reasons to Invest In Property

 

-Use others people’s money to pay off your asset
-Tax deductions
-Build Wealth
-Setup up for your retirement
-Earn money while you sleep

 

Negative gearing

 

Negative gearing can offer property investors certain tax benefits if the cost of the investments exceeds income it produces. Australian law allows you to deduct your borrowing and maintenance costs for a property from your total income. However, you can only get a tax benefit if you earn other taxable income in the first place. So, while you are actually making a loss on the property, the advantage is that the loss can be used to reduce the amount if tax on your other earnings. However don’t buy an investment property just to get a tax deduction.

 

Self Managed Super Fund (SMSF)

 

Self-managed super funds (SMSFs) provide a way of saving for your retirement. The difference between an SMSF and other types of fund is that the members of an SMSF are usually also the trustees. This means the members of the SMSF run it for their own benefit and are responsible for complying with the super and tax laws.

 

If you set up an SMSF, you're in charge – you make the investment decisions for the fund and you're responsible for complying with the law. It's a major financial decision and you need to have the time and skills to do it. There may be better options for your super savings. Either way you should consider professional advice.

-Borrow up to 80% of the property value
-5 years interest only available
-Available for individuals or corporate trustees
-Low set up costs
-Competitive interest rate
-No ongoing monthly or annual fees
-SMSF must have a minimum of $150,000 in net assets