Turn BAD Debt into GOOD Debt with The Smith Manoeuvre
The Vancouver Life Real Estate Podcast - A podcast by The Vancouver Life Real Estate Podcast - Saturdays
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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...