Wednesday, January 17, 2007

The Smith Manoeuvre - is your mortgage tax deductible?

 

Do you have the wrong kind of debt? The kind that is not tax deductible? Most of us do. The wealthy have debt too. The difference is, they routinely turn their loans into "good debt" by making the interest tax deductible, with the help of expensive accountants and lawyers. So while the wealthy are transforming their house mortgage loans into free tax refunds, the rest of us are paying off huge amounts of mortgage interest with after-tax income. Until now. THE SMITH MANOEUVRE has introduced a new, simple, and powerful method that extends those tax-saving benefits to the rest of Canadians. It is now easy for you and your financial planner to start turning your bad debt into good debt, right away.

Source: The Smith Manoeuvre - is your mortgage tax deductible?

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