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227 tax time Q&A with an accountant

Dev Raga Personal Finance

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The Concept of Debt Recycling

debt recycling involves paying down your mortgage and then re borrowing that money. The interest component of that drawdown will be tax deductable against the income that particular asset that i've invested in will produce. Yor defi no, so debt or cycling, it's the strategy that aims to turn your current non deductible debt.

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