A: PO Box 564, Spring Hill Qld 4004
162 Petrie Terrace, Brisbane Qld 4000
T: (07) 3368 2727
F: (07) 3367 3171
E: info@humphreywealth.com.au
Chris Humphrey Private Wealth Management is a CPA practice
Debt Reduction strategy effectively helps you eradicate non tax deductible debt (bad debt) faster. This can involve creating tax deductible debt (good debt) by acquiring investment assets with minimal difference to your overall personal cash flow. It converts bad debt into good debt. This strategy requires sufficient equity in the family home and involves using the cash flow from the investment asset to pay down your non-tax deductible debt (e.g. home loan, personal loans). The correct investment structure is essential.