Pizza and Property Weekly Slice 214: Debt Recycling Demystified: Tips and Pitfalls - With Jeremy Iannuzzelli
Debt Recycling Demystified: Tips and Pitfalls
What is Debt Recycling and how to utilise it in your investing strategy?
In this episode, Jeremy Iannuzzelli, property investor and accountant to some of the wealthiest investors in Australia, delves into the often-overlooked concept of debt recycling.
He explores how this financial strategy can enhance tax efficiency by restructuring loans, particularly for those with a principal place of residence (PPR). The discussion highlights the importance of understanding the correct processes involved in debt recycling, including the creation of split loans and the necessity of keeping meticulous records for tax purposes.
Listeners will learn about the potential pitfalls of misusing redraw facilities and the significance of using borrowed funds strictly for investment purposes.
Click on this episode now so you can have a clearer understanding of debt recycling and its benefits for building a property portfolio.
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