Mortgage Blog - Smith Manoeuvre
Supreme Court Upholds Smith Manoeuvre
January 12, 2009 by Shayla Damery
The Smith Manoeuvre has been in the news lately, due to a legal case escalated to the Supreme Court of Canada that finally came to a decision. As a result, the Smith Manoeuvre has received the full approval of the Supreme Court – as long as it isn't taken too far and taxpayers start abusing the legality of the Maneovre, as in the Lipson case.
The most important thing, though, is that the Smith Manoevure is legal, and First Foundation fully supports it! We deal with lenders that offer the appropriate products to be able to perform the Smith Manoeuvre ...
Read more »Tax Deductible Mortgage - The Smith Manoeuvre
March 18, 2008 by First Foundation
Make your Canadian Mortgage Tax Deductible
With our help you can make your Alberta mortgage tax deductible. Stop the trend where you spend countless years paying off your mortgage. Other Canadians are transforming their house mortgage loans into free tax refunds, and are reducing huge amounts of mortgage interest with after-tax income. You can do this, too!
Mortgage Tax Deductible with the Smith Manoeuvre
As a tax strategy, The Smith Manoeuvre is designed to convert the non-deductible interest debt of a house mortgage to a deductible-interest debt of an investment loan. It is a legal and common practice to deduct ...
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