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Ep. 9 | Tax-Efficient Debt: How the Right Structure Can Save You Thousands

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Manage episode 496523034 series 3668826
Content provided by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most Canadians treat debt as a burden and taxes as a given. But what if you could flip that thinking and turn your debt into a tax advantage?

In this episode, Tré breaks down how to structure debt so the interest becomes tax-deductible. He outlines strategies that can save you tens of thousands over time, especially if you’re a business owner, landlord, or hold non-registered investments.

You’ll learn:

  • Why minimizing tax over your lifetime beats avoiding a tax bill today
  • How to turn your mortgage into a tax-deductible investment loan
  • What the Smith Maneuver is—and how it can transform your finances
  • Common mistakes that ruin deductibility (and how to avoid them)
  • Why structure and discipline matter more than ever in this strategy
  • When you shouldn’t attempt this on your own

Taxes need to be paid, but you should only pay what you need to. Subscribe, review, or share this episode with someone who needs to hear it.

  continue reading

16 episodes

Artwork
iconShare
 
Manage episode 496523034 series 3668826
Content provided by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most Canadians treat debt as a burden and taxes as a given. But what if you could flip that thinking and turn your debt into a tax advantage?

In this episode, Tré breaks down how to structure debt so the interest becomes tax-deductible. He outlines strategies that can save you tens of thousands over time, especially if you’re a business owner, landlord, or hold non-registered investments.

You’ll learn:

  • Why minimizing tax over your lifetime beats avoiding a tax bill today
  • How to turn your mortgage into a tax-deductible investment loan
  • What the Smith Maneuver is—and how it can transform your finances
  • Common mistakes that ruin deductibility (and how to avoid them)
  • Why structure and discipline matter more than ever in this strategy
  • When you shouldn’t attempt this on your own

Taxes need to be paid, but you should only pay what you need to. Subscribe, review, or share this episode with someone who needs to hear it.

  continue reading

16 episodes

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