Home Ownership vs Rentvesting: Financial Adviser Exposes Why Your House Is 'Dead Money'

Jack Tossol is not kidding: He says a generation that has ‘sunk everything’ into the family home will miss the chance to have a successful tax-deductible investment plan.

If it wasn’t said by a top financial adviser, you might dismiss it as a quote out of context, but  Partners Wealth Group Jack Tossol is not kidding: He says a generation that has ‘sunk everything’ into the family home will miss the chance to have a successful tax-deductible investment plan.

It’s a provocative notion, challenging die-hard principles of money management, but with house prices moving higher again...you have to listen.

Financial adviser Jack Tossol of Partners Wealth Group joins Associate Editor - Wealth, James Kirby,  in this episode.

In today’s show, we cover


No tax deduction, no income…Is home ownership overrated?


Why ‘Rentvesting’ is worth revisiting


Are you facing decades of ‘dead money' in your home mortgage?


Challenging the ‘retirement sweet spot’

 

 

If it wasn&rsquo;t said by a top financial adviser, you might dismiss it as a quote out of context, but &nbsp;Partners Wealth Group Jack Tossol is not kidding: He says a generation that has &lsquo;sunk everything&rsquo; into the family home will miss the chance to have a successful tax-deductible investment plan.
It&rsquo;s a provocative notion, challenging die-hard principles of money management, but with house prices moving higher again...you have to listen.
Financial adviser Jack Tossol of Partners Wealth Group joins Associate Editor - Wealth, James Kirby,&nbsp; in this episode.
In today&rsquo;s show, we cover
<ul>
<li dir="ltr">
No tax deduction, no income&hellip;Is home ownership overrated?
</li>
<li dir="ltr">
Why &lsquo;Rentvesting&rsquo; is worth revisiting
</li>
<li dir="ltr">
Are you facing decades of &lsquo;dead money' in your home mortgage?
</li>
<li dir="ltr">
Challenging the &lsquo;retirement sweet spot&rsquo;
</li>
</ul>
&nbsp;
&nbsp;

Every week, The Australian's James Kirby delivers two power-packed episodes featuring in-depth analysis of property markets and smart money-making strategies.

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au. 

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at <a href="mailto:themoneypuzzle@theaustralian.com.au">themoneypuzzle@theaustralian.com.au</a>.&nbsp;

The Australian’s Money Puzzle covers all important finance and property topics.

The Money Puzzle

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au.

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at themoneypuzzle@theaustralian.com.au.

Is your home the worst investment you’ll ever make?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/9d71c894-c32d-4477-98a9-b337003e288e/transcript