The Smith Manoeuvre™
Convert your home’s mortgage from a non-tax-deductible burden, into a vehicle for wealth creation and income-tax savings.
Created in the 1980s by BC financial planner Fraser Smith and championed today by his son Robinson, The Smith Manoeuvre™ is a legal Canadian tax strategy that allows homeowners to potentially make mortgage interest tax-deductible by converting their principal residence’s mortgage into an investment loan, which can be used to (re)invest in income-generating assets.
I am a Smith Manoeuvre™ Certified Professional (SMCP). My peer SMCP accountants and investment advisors collaborate with me, you, and your advisory team, to guide you through implementing this strategy correctly. This begins with me setting you up with the proper product: a re-advanceable (and/or Offset) mortgage.
Whether you’re buying your third rental property or concerned that buying your first home may make you “house-poor,” I can show you how a properly executed Smith Manoeuvre™ can re-rig your personal finances, rid you of “bad” debt quickly, and shorten your runway to independence.
To educate yourself a little more on the Smith Manoeuvre™, watch this webinar I hosted with its namesake, below.
“Should I pay off my mortgage or invest?” My answer is, yes…both.
Book a call with me to explore how the Smith Manoeuvre™ and other mortgage strategies may help you.