Owner Occupied Homes
At AA we love principal residences!
That’s because you may not have to pay capital gains tax when you sell. Please seek your professional tax advice on this.
This means you may want to consider buying that property which will give you the highest capital growth in the future. Many in the AA team are property investors and developers, and we know what you should look out for.
At the same time, buying a principal residence with finance can be tricky since we consider it ‘bad debt’.
That’s why at AA we suggest you pay off your home mortgage ASAP.
We have your best interest at heart.
‘Peace, like charity, begins at home.’Franklin D. Roosevelt