Banks Don’t Explain This Mortgage Wealth Strategy

22 Просмотры
Издатель
Canadians are told to either pay off their mortgage or invest for retirement—but what if you could do both at the same time?

In this video, I break down The Smith Manoeuvre, a Canadian wealth strategy that converts non-deductible mortgage debt into tax-deductible investment debt using a re-advanceable mortgage and a HELOC. This strategy has been used for decades, yet remains widely misunderstood.

I walk through:
• What the Smith Manoeuvre is and how it works
• How a re-advanceable mortgage unlocks investable equity
• Why HELOC interest can be tax deductible in Canada
• How dividends and tax refunds accelerate mortgage payoff
• The real advantages, risks, and who this strategy is actually for

Категория
Калькулятор кредита
Комментариев нет.