Hello Everyone,
We are turning our PPOR into a investment property and purchasing a house to live in. Our mortgage provider is stating we need 19K to add to the purchase however its cheaper for us to contribute mortgage insurance.
Wouldnt this insurance be a tax reduction?
What you think?
Thanks
Erica
We are turning our PPOR into a investment property and purchasing a house to live in. Our mortgage provider is stating we need 19K to add to the purchase however its cheaper for us to contribute mortgage insurance.
Wouldnt this insurance be a tax reduction?
What you think?
Thanks
Erica