Strategy

Turn your mortgage into a tax deduction.

Debt recycling converts non-deductible home loan interest into deductible investment debt — building wealth while reducing your mortgage.

How it works

The strategy works by systematically replacing your non-deductible home loan with an investment loan carrying the same balance. Because the new debt is used to buy income-producing assets, the interest becomes tax-deductible.

1

Pay down your home loan

Use surplus cash or offset funds to reduce your mortgage principal, creating redraw capacity.

2

Redraw and invest

Redraw the same amount and invest it in income-producing assets — shares, ETFs or managed funds. This must be kept as a separate loan split.

3

Claim the deduction

The interest on the investment portion becomes tax-deductible. Repeat the process over time and more of your debt becomes deductible.

Is it right for you?

Debt recycling suits people with stable income, surplus cash flow, and a long-term investment mindset. It's not for everyone — if cash flow is tight or investment volatility is a concern, it may not be appropriate.

Typically suits people with

  • Stable income and capacity to service both loans
  • Surplus cash flow or a meaningful offset balance
  • Comfort with investment risk over a long time horizon
  • A home loan with a redraw facility

What to know before starting

The loan structure must be set up correctly from the start. A single mixed-purpose loan can void the tax deductibility entirely. Records need to be maintained carefully, and the ATO requires the investment purpose to be clear and genuine.

When done right, it's a legitimate and effective strategy. The first step is assessing whether it suits your specific situation.

Not sure if it's right for you?

Book a free call — we'll assess your situation and let you know if debt recycling makes sense.

Book a free call

General information only. This page does not constitute personal tax or financial advice. Outcomes depend on individual circumstances and current Australian tax law. Seek advice specific to your situation before implementing any strategy. ChadTax — ABN 94 286 730 899, Registered Tax Agent No. 26297470.