Investment loans for property will often require a higher Loan to Value Ratio and often attract a higher interest rate than normal mortgages.

Your expenses can be claimed as tax deductions to reduce your taxable rental income and capital gains, when you sell the property.

The tax deductions that can be claimed include:

• Interest on the loan
• Home/contents and landlord insurance
• Real estate agent commissions
• Maintenance costs
• Council rates
• Decline in value (depreciating assets)
• Construction costs/capital works

When looking for your investment loan, features such as an offset account or redraw facility and the ability to make additional repayments, are a must have.

Also, the following features can make your property investment journey, so much smoother:

• Top up facility
• Redraw or transactional facility
• Split loan options
• Portability feature (being able to transfer a loan from one property to another) 

•  If you are looking for your next investment loan or need to revisit your current loan, contact propertyloans@realrenta.com  and we will arrange for our finance partner to contact you for a no obligation discussion.