In this episode, we discuss the government's most recent changes to interest tax-deductibility rules. This in effect means that property investors will be taxed significantly more and some properties that were previously cashflow positive will not be cashflow negative.
We walk through how the changes will be introduced, and crucially the exemptions, which include "new builds" which are bought directly from a developer.
We also mention that because of these changes we are introducing a new service where Andrew will review investors portfolios to help them decide what changes to make (if any). Read more about the property portfolio review here.
The Property Academy Podcast