Sounds incorrect, does it? Debt is a burden – that is how dictionary defines it.
However there is something “good” debt – borrow to invest in an asset, asset that can grow and generate regular income. Example: borrow money to invest in real estate – value can increase over time and rent will be regular income. Unlike money borrowed for own home, the interest paid for an income producing investment is generally tax deductible.
Seek advise from your financial advisor or accountant that is specific to your scenario.
We at u-value 0422 963 563 can help you obtain finance for investment, help source real estate property, insure it and protect you and your family. Sounds good?