Advice

How a tax subsidy works on investment loans

By Noel Whittaker
October 15 2021 - 12:00pm
If the purpose of a home loan is to buy income-producing assets, the interest will be tax-deductible. Picture: Shutterstock.
If the purpose of a home loan is to buy income-producing assets, the interest will be tax-deductible. Picture: Shutterstock.

Borrowing for investment is a tax effective way to build wealth.