What is new and different about The Smith Manoeuvre?
It is a new method of designing your finances that extends the remarkable benefits of debt conversion to almost anyone with a mortgage. Wealthier Canadians commonly employ expensive tax accountants and tax lawyers to replace their non-tax deductible loans (houses, vehicles) with investment loans. Fraser Smith has improved upon those methods, introducing a new procedure that enables the rest of us to convert our non-deductible mortgage to a tax-deductible loan. This is a one-of-a-kind strategy that has been used by thousands of Canadians. It is the first time the unique techniques have been published. Until now, debt conversion practices have been too cumbersome and expensive for most people. The Smith Manoeuvre changes that. While others recommend paying off the mortgage and THEN borrowing to invest, The Smith Manoeuvre shows you how to do both at the same time. Sooner is better in both cases. 5. Q: Will I be risking my house? A: The Smith Manoeuvre actually protects your home ownershi