Is your mortgage tax deductible?

If it isn't, you have the wrong kind of debt, and you are paying thousands of dollars in interest that could be put to work instead to build that all- important nest egg. Now you can join Canadian homeowners everywhere who are turning mortgage interest into "good debt" – the kind that will give you tax refund cheques every year, and set you on the path to becoming both house rich and financially secure in retirement.

With the Smith Manoeuvre you can...

1) GET FREE TAX REFUNDS - Learn how to turn your mortgage interest into yearly tax refunds

2) PAY OFF THE MORTGAGE SOONER - Save thousands of dollars in mortgage interest, and pay it down sooner, using the tax department's money.

3) INVEST MORE, EARLIER - Free up new money to invest now rather than later, and build a large, free and clear retirement portfolio

Renewing your mortgage?

Don't renew until you considered implementing this strategy.  

Once your mortgage becomes tax deductible you will have yearly tax deductions against your income, similar to purchasing an RRSP.  Unlike an RRSP which you have to purchase each year, the mortgage interest is a deduction you will have indefinitely.

If you're purchasing a home, let us set up your mortgage so you have the right mortgage to implement this strategy.  We recommend that you have at least 25% down payment so you can avoid paying mortgage insurance fees.  

"My job is done when you know your options"