Mortgage Freedom will save the average Canadian homeowner tens of thousands of dollars and help shave years off the mortgage. In this book Alexander Aitken offers readers a comprehensive method to structure their debt in a way that will provide tax deductions and tax refunds for most Canadians. The book explains
• the type of mortgage required,
• ways to accelerate the plan,
• the investments used,
• how to use tax refunds,
• recent tax rulings,
• and much more.
In the simplest terms, Canadian homeowners make regular mortgage payments, which creates home equity. That equity can be borrowed back in a line of credit and used for investment purposes. Interest on an investment line of credit is tax-deductible and the tax refunds, along with the net income from these investments, can be used to pay off a mortgage much faster. Foreword by Jonathan Chevreau.
About Sandy Aitken
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Published March 15, 2011
by Insomniac Press.
Business & Economics, Professional & Technical.