I had so many questions about The Smith Manoeuvre over the past year and FINALLY it was all answered there. I've watched this 2-3 times to get a better understanding. Thank you so much for doing this!

@KBMortgages

Жыл бұрын

Glad it helped! If you have any suggestion for future videos let me know.

Page 37 of the book. Says Enjoyier instead of Enjoyable 😂 The book was so barebones clearly trying to sell the course the entire time. Doing a cop out like well we wouldn't want to make this book size of a science textbook. Yes that's precisely what I wanted. I wanted indepth info. To what forms am I filling out to get the refund on my taxes.

Instead of putting your readvanceable funds in the HELOC into dividend stocks (or real estate), can a person put those funds directly into a IBC whole life policy to pay the premium and build cash value? Does CRA regard dividend Paying Whole Life differently then typical income earning investments (stocks, real estate, business)? Thanks

@KBMortgages

Жыл бұрын

A question to confirm with a good CPA. I am not an accountant but in my experience the answer is no. Participating whole life (the product IBC uses) does not meet the CRAs guideliness for tax deductibility.

Seg funds may be considered

Bonjour à vous et merci pour la vidéo très informative. J'aurais quand même une question. Je comprend que l'on paie notre hypothèque plus rapidement, mais à mesure que cette hypothèque descend, la marge monte. Quel est la meilleur stratégie pour payer cette marge une fois l'hypothèque payé? J'ai l'intention de garder ma maison à ma retraite (moment ou la maison sera payée). Merci pour la précision

@Wolfangs88

2 ай бұрын

Cette stratégie repose sur le fait que tu pairas jamais ta marge hypothécaire, afin de toujours avoir le montant maximum d'intérêts déductible lorsque tu feras ton rapport d'impôts. Si tu as de l'épargne à chaque mois, continue d'investir dans ton REER, CELI, immobilier...

Is there someone in Quebec now?

@KBMortgages

2 ай бұрын

For mortgage?

@sarafortin4505

26 күн бұрын

Ryan Lahaye with Planiprêt.

How can we connect with each of you?

@KBMortgages

10 ай бұрын

You can reach me at Keaton@kbmortgages.ca

never borrow money to invest

@KBMortgages

8 ай бұрын

A fair opinion!