Hiya
Be forewarned:
A simple question (but may have a complicated answer!)
If one does not have a PPOR debt; should one either:
a) increase after-tax super contribution (non concessional super) OR
b) start to pay down IPs deductible investment property debt..
Note: these IPs already deliver positive cash flows; any further debt pay down will incur more tax at highest marginal tax rates.
Also already salary sacrifice to the max....
Also 5-7 years from retirement .
(if possible a simple maths example will greatly help)
tks a zillion
Be forewarned:
A simple question (but may have a complicated answer!)
If one does not have a PPOR debt; should one either:
a) increase after-tax super contribution (non concessional super) OR
b) start to pay down IPs deductible investment property debt..
Note: these IPs already deliver positive cash flows; any further debt pay down will incur more tax at highest marginal tax rates.
Also already salary sacrifice to the max....
Also 5-7 years from retirement .
(if possible a simple maths example will greatly help)
tks a zillion