Understanding Mortgages: A Simple Explanation
2:14
TikTokandrewlepage23
Understanding Mortgages: A Simple Explanation
Learn what mortgages are, how they work, and how to pay them off over time. Explore the basics of property loans and interest payments. Andrew Le Page(@andrewlepage23). original sound - Andrew Le Page. Mortgages explained 🏡 what would you like to know next?
1.5M viewsJun 12, 2023
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Most Canadian homeowners are paying a mortgage they cannot deduct from their taxes. The Smith Manoeuvre changes that 🇨🇦 For homeowners with a re-advanceable mortgage- this strategy makes your mortgage interest tax deductible AND builds a $1,000,000 investment portfolio at the same time. This is for informational and educational purposes only and not financial or legal advice. Consult a qualified Canadian mortgage broker and financial advisor before implementing any strategy. #canada #canadianf
0:09
Most Canadian homeowners are paying a mortgage they cannot deduct from their taxes. The Smith Manoeuvre changes that 🇨🇦 For homeowners with a re-advanceable mortgage- this strategy makes your mortgage interest tax deductible AND builds a $1,000,000 investment portfolio at the same time. This is for informational and educational purposes only and not financial or legal advice. Consult a qualified Canadian mortgage broker and financial advisor before implementing any strategy. #canada #canadianf
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