Can I use my company funds to renovate my rental property? Best way?

L

lilmisslurker

New Member
Are there any financial advisors here?
Can they help with using company money for property renovation?
Is that even possible?
What is the best way to do this?
Thank you.
 
Thinking about a Division 7A loan? Just remember it comes with a pretty high interest rate and some strict minimum repayments you gotta stick to. Mess it up, and it could get pricey! Another option? Stick with dividends and be ready to pay that extra top up tax.
 
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