Welcome back to That Backyard Property Podcast Miniseries! In this episode we're simplifying the concept of debt recycling—a strategy that converts non-tax-deductible home loans into tax-deductible investment debt. Learn how you can reduce your home loan balance and invest efficiently using your existing funds. Remember, this is general advice from a lending perspective, so consult a tax professional for personalised counsel.
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TIMESTAMPS:
00:00 Introduction to Debt Recycling
00:47 Understanding Debt Recycling
01:15 Practical Example of Debt Recycling
03:26 Tax Implications and Advice
05:18 Final Thoughts and Encouragement
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Produced by Podwave Studios
