About Tax Deductible Mortgages
The main idea of the tax deductible mortgage is to convert non tax-deductible interest debt on your mortgage, to a fully tax deductible investment loan. The following are the goals of any tax deductible mortgage strategy.
  • To create an annual tax deduction which can be used to lower the amount of tax that you pay the government
  • Pay off your mortgage sooner
  • Increase your family's net worth
Creating a tax deductible mortgage is a rather sophisticated financial strategy which needs to be fully understood by the individual and executed by a team of financial professionals which often include a mortgage planner, financial advisor and accountant. The benefits can be astounding but it is certainly not a viable strategy for everyone. To explore this further get in touch with me today. As a Certified Financial Planner with many years of banking experience at one of Canada's big banks, I can offer the knowledge and experience to determine if this is a strategy that is right for you.

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Contact me by Email: rob@robcagnin.ca, or by Phone: 905-634-6111 Ext 113.