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Why 'rentvesting' doesn't work (for most people most of the time)

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Manage episode 480853568 series 2634896
Content provided by [email protected] and The Australian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and The Australian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

It seems like a good idea - rent your home and buy an investment property where you can deduct the mortgage payments against your annual income tax. In fact, it all works...to a point: But this increasingly popular investment strategy does not mean you get to buy your own home...worse still, it may mean the bank won't lend you any more funds.

Stuart Wemyss of the Prosolution Private Clients group joins Associate Editor-Wealth, James Kirby in this week's episode as we cover...

* The problem with 'rentvesting'
* A predictable pick up in house prices
* The new government's menu for first-home buyers
* How HECs changes will also boost the housing market
See omnystudio.com/listener for privacy information.

  continue reading

515 episodes

Artwork
iconShare
 
Manage episode 480853568 series 2634896
Content provided by [email protected] and The Australian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and The Australian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

It seems like a good idea - rent your home and buy an investment property where you can deduct the mortgage payments against your annual income tax. In fact, it all works...to a point: But this increasingly popular investment strategy does not mean you get to buy your own home...worse still, it may mean the bank won't lend you any more funds.

Stuart Wemyss of the Prosolution Private Clients group joins Associate Editor-Wealth, James Kirby in this week's episode as we cover...

* The problem with 'rentvesting'
* A predictable pick up in house prices
* The new government's menu for first-home buyers
* How HECs changes will also boost the housing market
See omnystudio.com/listener for privacy information.

  continue reading

515 episodes

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