Mortgage Interest: 100% Tax Write-off!

100% deductible mortgage interest payments

Most business owners have non-deductible mortgages owing on their primary residences. Meanwhile, they own their businesses outright. This means that they are throwing away after-tax dollars paying their non-deductible mortgage interest. Savii Financial Concepts offers a unique tax strategy called the IMPACT plan that immediately and effectively reallocates your capital to optimize your tax efficiency. Big businesses have the resources to hire professionals to do their tax planning. The IMPACT plan enables you to do the same kind of planning at a level that suits your personal and business tax needs.

Ordinarily, you would have to pay a team of tax professionals tens of thousands of dollars to assemble a plan of this value. The IMPACT plan is available at no upfront cost to you, and could enable you to deduct $20,000, $30,000, even upwards of $40,000 in your very first year.

The Supreme Court of Canada has recently re-stated that:

“It has long been a principle of tax law that taxpayers may order their affairs so as to minimize the amount of tax payable”
“There is no reason why a taxpayer may not arrange his or her affairs so as to finance personal assets out of equity and income earning assets out of debt.”

– Supreme Court of Canada [2009] 1 S.C.R.3 Lipson v. Canada

The IMPACT plan provides 3 basic steps that enable you to invest in your own company while deducting 100% of the interest off this new loan at no upfront cost to you. Investment loans are deductible under Section 20(1)(c) of the federal Income Tax Act.

This table shows you how much you can deduct in your first year alone:

Mortgage Balance Income Tax Deduction
$300,000 $21,301
$400,000 $26,735
$500,000 $32,169
$600,000 $37,603

Stop Spending After-Tax Dollars Paying Your Interest

The IMPACT plan has 3 basic stages with tremendous benefits. Your tax deductions are for 100% of your mortgage interest, effective immediately.

You are investing into your own business. Your plan will be individually crafted and built specifically for you by one of the leading tax law firms in the country, Shea Nerland Calnan LLP. Shea Nerland Calnan LLP is a premier business law firm with tax planning as a focus practice area.

The 3 Stage Plan

Stage 1

You work with an IMPACT consultant to plan an investment into your own business before you purchase your next home, or refinance your mortgage. This investment into your business utilizes the full proceeds of your new loan and allows you to deduct 100% of the interest off this new investment loan.

Stage 2

Your corporate entity utilizes this new capital to benefit the corporation and its shareholders. Some clients use this opportunity to finance growth, purchase equipment, or invest, through their corporations, into any market that will provide the best return for their risk tolerance.

Stage 3

You eliminate any existing non-deductible debts you may hold. This can include a previous non-deductible mortgage, large credit card or personal line of credit. Alternately, funds can be used to close the purchase of a new home…

Contact Us Today: We’ll show you the difference between owning your job and using your business to create wealth.

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