Sean and Devon

Most landlords are missing thousands in tax refunds every year, and their accountant probably isn't the one who will bring it up.

Your rental income counts as profit, and that profit adds to your tax bill. But add the interest from your home mortgage as an expense against that rental income, and the CRA sends refunds back every year. Use those refunds to pay down your mortgage, and you could be done years earlier without adding a single extra payment out of pocket.

Comment “INFO” below for our free 60-minute live event over the next two Tuesday nights.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

Did you know the CRA will give you extra tax refunds if you use a HELOC to cover your rental losses?

It's more complicated than that one line makes it sound. There are specific steps involved, and getting the structure wrong can mean losing the deduction entirely.

I'll be breaking down every step in a free 45-minute online masterclass this Tuesday night.

Comment “INFO” below, and I'll send you the details.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

There is a way to stop paying your mortgage years before your amortization says you have to, and most Canadians never hear about it.

Own a rental property, put in the setup work now, and eventually your home mortgage moves over to the rental. From that point, your tenant is the one paying it, not you.

Look at your mortgage payment today, probably $3,000 to $4,000 a month. Multiply that by 12, then by 5 or 10 years. Eliminate that, and you open up room to retire earlier, travel more, and spend on what matters instead of the bank.

It is called rental cash-damming, and it has to be structured correctly, or the CRA will not allow it.

Comment “INFO” below for our free 60-minute live event over the next two Tuesday nights.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

Canada's top accountants use a specific three-account structure for their landlord clients, and most landlords have never heard of it.

Salary covers the home mortgage as normal. Rental income goes into a separate account used as a prepayment on the home mortgage. A HELOC covers all rental expenses through its own account.

The HELOC interest becomes tax-deductible, refunds come back every year, and they accelerate the paydown. Home mortgage and HELOC both gone 8 to 10 years early.

Comment "INFO" for a free video with live examples and every step.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

There is a program that lets you get money back from the CRA every single year, and almost no one is using it.

If you have a mortgage, you may be able to convert it into a tax-deductible investment loan. That lowers your taxable income, and the refunds you get sent go straight to paying down your mortgage faster than regular payments ever could.

Landlords use rental cash damming. Non-landlords with savings or investments use a debt swap. Same idea, two different paths in.

Comment “INFO” below and we will send you details for our free 60 minute live event over the next two Tuesday nights.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

Most landlords are using the wrong bank account, and it is costing them hundreds of thousands in taxes and interest they do not need to be paying.

Redirect your rental income as a prepayment to your home mortgage. Use a HELOC to cover all rental expenses. Tax refunds pay off your home mortgage 8 to 12 years early, and you stop paying interest for nearly a decade.

It is called rental cash-damaging, and it needs to be set up correctly because the CRA does not love giving back tax refunds.

Comment "INFO" below for a detailed 30-minute step-by-step breakdown.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

Paying off your mortgage as fast as possible is actually costing you more than you think.

These clients had a $990,000 mortgage with 11 years left but were not retiring for another 20 years. By extending to 25 years, they freed up $3,759 every month. Invested at 7% over 20 years, that is almost $2 million in their TFSA. Their rental property then generated $200,000 in tax refunds, paying the mortgage down 5 years faster. Retiring on schedule, completely debt-free and significantly wealthier.

Comment “INFO” below for our free 60-minute live event over the next two Tuesday nights.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

The biggest mistake people who own basement apartments make is putting their rental income into the wrong bank account.

With two simple changes, you can get out of debt years earlier and bring yourself closer to retirement.

Comment “INFO” below, and we will send you everything you need to know.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.

1.98% mortgage rate? Your mortgage rate matters because it is your cost of borrowing. Here is how you cut it in half and get a net rate of 1.98%.

Comment “INFO” below to find out how.



Disclosure: Not financial or tax advice. Results vary. Always consult a qualified advisor before making changes to your mortgage or investments.