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Dave MacDonald,
CFP, President of MacDonald Smith Insurance. 
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The Secret to Making your Mortgage Tax Deductible.Did you know you could make your mortgage tax deductible? And that not only is this nothing new, it's also 100% legal.
"Is this legal?"
Yes! In 1991 John Singleton used this strategy, after which Revenue Canada reassessed him. The case ended up before the Supreme Court and Singleton won. It has been legal since and is a commonly used strategy by the wealthy. By employing a financial concept called the Smith Strategy we can shorten the amortization of your mortgage, convert your mortgage interest into tax deductions and build a pension portfolio for your retirement, all at the same time and all without you spending any extra monthly cash investment! All you need to start making your mortgage tax deductible is the services of a Certified Financial Planner (CFP) and a Mortgage Consultant. Did we mention Dave MacDonald is both? So why deal with two different firms and multiple people when we can easily do it all for you in one place with one person so you can get a real personalized plan. So let's look at some examples shall we? Click Here to See a Case Study |
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