Interest cost deductibility

Interest cost deductibility saves tax, lessens borrowing costs Interest cost deductibility is one of the factors considered in making a decision as to whether to gear an investment. Gearing is a popular strategy used by many Australians to improve their wealth. Popular investment assets acquired in a geared portfolio include rental property (residential, commercial, industrial etc), shares and managed funds. The cost of borrowing for an asset/ portfolio that is income producing, is significantly less [...]