A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

How to Make your Mortgage Tax Deductible

Did you know there is a way to make your mortage on your Mississauga home tax deductible? It’s best known as the Smith Manoeuvre, named after the Victoria resident and financial strategist Fraser Smith who popularized it in his book appropriately called, The Smith Manoeuvre.

A Canadian mortgage is a very expensive debt,” says Michael Puccini, a mortgage consultant with Premiere Mortgage Centre in Halifax. “You have to service that with after-tax dollars.”

The traditional way of paying off a mortgage quicker was to go with bi-weekly payments, says Puccini.

“We’re saying to clients there’s a different way of doing this.”

This is where the Tax Deductible Mortgage Plan (TDMP) comes in. Puccini says the plan allows you to create tax refunds, pay off your mortgage faster and build wealth for retirement.

Click here to read the rest of the article.


Keller Williams Real Estate Associates.
BUS 905-812-8123
 FAX 905-812-8155 DIRECT 905-785-7282
 E-MAIL : mailto:gail@gailsellshouses.com?subject=Mississauga
Website : www.gailsellshouses.com

Thinking of selling your home in the next 3 to 6 months? Would you like a Complimentary & Over-The-Internet Home Evaluation

No TweetBacks yet. (Be the first to Tweet this post)

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>