An offset account and a redraw facility are common features for Australian home loans and mortgages, however many Australian residents and expats don’t fully understand the differences between the two and the tax consequences that
We recently helped a new Australian expat client of ours structure the new loan on their Melbourne investment property in May of this, and given how frequently we come across this scenario, we thought it
One of the common questions our clients often ask is “Should I use an offset account or redraw facility..?” There isn’t a short answer, but rather it’s important to understand the implications of either one
Whether you’re looking to get started with your first investment property, or are well on your way to building your portfolio, chances are you’ve come across the term ‘offset account’. While many of us have
