What Is the Smith Manoeuvre in Canada? Tax Strategy for Homeowners & Real Estate Investors скачать в хорошем качестве

What Is the Smith Manoeuvre in Canada? Tax Strategy for Homeowners & Real Estate Investors

What is the Smith Manoeuvre in Canada and how does it work? The Smith Manoeuvre is a Canadian mortgage strategy that helps homeowners and real estate investors turn non-deductible mortgage interest into tax-deductible investment interest — potentially saving thousands in taxes and accelerating wealth growth. In this video, Wayne Hillier interviews Steve Tsonev, a Smith Manoeuvre Certified Professional and investor-focused accountant with Finngo Bookkeeping & Tax, to explain: How the Smith Manoeuvre works step-by-step Who qualifies and the requirements to get started How Canadian homeowners can pay off their mortgage faster without increasing monthly payments Ways real estate investors use the strategy to buy more rental properties Why working with a certified professional is key to avoiding mistakes By the end of this video, you’ll understand how to convert your mortgage interest into a tax deduction in Canada, build long-term wealth, and integrate the Smith Manoeuvre with your real estate investing goals. 📖 Recommended Reading: The Smith Manoeuvre by Fraser Smith & Robinson Smith 📞 Connect with Steve Tsonev: www.finngo.com/rei 📌 Learn More from Wayne Hillier - Alberta's #1 Real Estate Investing Coach Mentorship Program: https://www.reimasters.ca #1 Canadian Real Estate Investing Podcast: The Real Estate Investing Morning Show Timestamps 00:00 Intro 00:12 What is the Smith Manoeuvre? 01:07 US vs Canadian tax differences 02:23 How much could this save you? 03:03 Prerequisites to qualify 03:58 Why you need certified professionals 04:08 Accelerating the Smith Manoeuvre 05:08 Using it to buy more rental properties 05:39 First steps to get started 06:13 Final recommendations