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17K views · 408 reactions | How much money you’ll save on interest if you have your money sitting in an offset account based off a $500k mortgage, 6.5% interest over 30 years Disclaimer: This video is for informational purposes only and should not be taken as financial advice. Please consult a qualified financial advisor for guidance tailored to your specific circumstances. #offset #savings #realestate #wealthbymichael #property | Wealth By Michael | Facebook
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29K views · 731 reactions | Offset account and redraw both save your interest on your home loan but otherwise they are too very different things #Money #Tax #Mortgage #Property #Home #Family #Retirement | James Wrigley | Facebook
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Did you know the interest on a mortgage is tax deductible ? Did you know depreciation on the ownership of your home is also a tax deduction? Real estate is a phenomenal investment to not only save on taxes but also park your money in a tangible asset that can be used to create passive income via renting out also. Anytime you have any questions about buying or selling an apartment in New York let me know | TheTroyReport.Com | Facebook
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