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Did you know there is a Canadian Legal Tax Strategy that can help you convert your mortgage into wealth❓

🤔 It's called - "THE SMITH MANEUVER"

The Smith Maneuver is a legal tax strategy in Canada that effectively makes interest on a residential mortgage tax deductible.

It involves converting the interest a homeowner pays on their mortgage into tax-deductible investment loan interest.

For the Smith Maneuver, a borrower needs to obtain a readvanceable mortgage, which is slightly different than a traditional mortgage.

The strategy entails a borrower leveraging a line of credit to use for their mortgage payment.

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Connect with your mortgage advisor or DM us - "SMITH" and let us guide you with this strategy.

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