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Mortgage Payers Starting To Breath Easier
As the year rolls on and the interest rates drop, home buyers are collectively beginning to breathe a sigh of relief as their payments become easier to manage. Some astute home buyers are using the excess money to pay more off their home loan, others are purchasing investment properties to take advantage of the falling house prices.
"Its important to be aware of your cash flow in these situations. Some of our customers are finding that its more beneficial to them to purchase a tax assisted investment property. For the sake of possibly an extra $50 or $60 a week, you could be paying off another home and expanding your property portfolio to help in retirement" explains Jai Brady, a mortgage broker for Pinnacle 1 Services.
Pinnacle 1 Services contains a wealth of experience, including accountants, financial advisors and mortgage brokers. They work closely together to guide people through not only the purchasing of property, but the structures are put in place to give customers the best tax advantages, thereby saving them time and money.
If you are looking to purchase an investment property, or looking to organise your tax information, why not give Pinnacle 1 Services a call on 07 5452 7205.
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