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How to Make Your Canadian Mortgage Tax Deductable

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Manage episode 307124209 series 2373926
内容由Randy Selzer提供。所有播客内容(包括剧集、图形和播客描述)均由 Randy Selzer 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

We talk with bestselling author Robinson Smith about the Smith Manoeuvre, a way for Canadians to create tax deductions from the mortgage loan on their principal residence.

Learn how to get a special "re-advanceable" mortgage that combines your mortgage loan with a line of credit. Use the line of credit to make further investments. Over time, the Smith Manoeuvre gradually converts your non-deductable mortgage loan interest to tax deductable investment interest.

Rob explains exactly how it works. This strategy is allowed by the Canada Revenue Agency (CRA), and these special re-advanceable mortgages are offered by the big five banks in Canada.

#smithmanoeuvre #mortgages #realestate

Contact Rob Smith at: robsmith@smithman.net

https://www.smithman.net

Check out Rob's bestselling book here: https://www.amazon.ca/Master-Your-Mortgage-Financial-Freedom/dp/1999171608/ref=sr_1_1

  continue reading

71集单集

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Manage episode 307124209 series 2373926
内容由Randy Selzer提供。所有播客内容(包括剧集、图形和播客描述)均由 Randy Selzer 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

We talk with bestselling author Robinson Smith about the Smith Manoeuvre, a way for Canadians to create tax deductions from the mortgage loan on their principal residence.

Learn how to get a special "re-advanceable" mortgage that combines your mortgage loan with a line of credit. Use the line of credit to make further investments. Over time, the Smith Manoeuvre gradually converts your non-deductable mortgage loan interest to tax deductable investment interest.

Rob explains exactly how it works. This strategy is allowed by the Canada Revenue Agency (CRA), and these special re-advanceable mortgages are offered by the big five banks in Canada.

#smithmanoeuvre #mortgages #realestate

Contact Rob Smith at: robsmith@smithman.net

https://www.smithman.net

Check out Rob's bestselling book here: https://www.amazon.ca/Master-Your-Mortgage-Financial-Freedom/dp/1999171608/ref=sr_1_1

  continue reading

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