Tax deductible mortgage - international non-resident
My_question_is: Canadian-specific Subject: Tax deductible mortgage Expert: taxman at centa.com Date: Sunday February 19, 2006 Time: 10:29 AM -0800 QUESTION: Hello, I was listening to your radio program Sunday, Feb-19-06 but missed the majority of the tax deductible mortgage. Is there anywhere I could find all the info you gave out. I think we may be in the bracket where that could benefit us greatly. Any help you could provide on this subject would be greatly appreciated. We will be starting a new almost $300k mortgage in or around August of this year that was purchased as a retirement package for us down the road and it would be really nice if we could use it our advantage tax wise. Thank You ------------------------------------ david ingram replies: goto www.centa.com and read the November 2001 newsletter which you will find in the top left hand box under newsletters. After that, read Fraser Smith's book, the SMITH MANOEUVRE which you should be able to get at any book store OR phone the program and Fred might even give you one for free. And, of course, you can always come out to the Thursday night seminars as follows: Every Thursday Evening, Fred Snyder of Dundee Wealth Management conducts one of 17 different financial seminars in the boardroom of his office Time: 7:00 to 9:30 PM Date: Every Thursday evening Place 1764 West Seventh Vancouver (corner of Burrard) Phone (604) 731-8900 to register No cost - no obligation Topics always cover mortgage interest as a deduction other topics - getting the mortgage, estate planning, critical care insurance, income taxation, differences between stocks and bonds, and usually the most innovative HELOC mortgage offered in Canada from Manulife Bank If you are starting in downtown Vancouver and do not want to go home first, one of the excellent THAI HOUSE restaurants is in the same building and makes a nice start to the evening. I, david ingram, will be at the Thursday evening following the last Sunday of each month to cover mortgage interest as a deduction and give the class an adding test. -------------- David Ingram's US/Canada Services US / Canada / Mexico tax, Immigration and working Visa Specialists US / Canada Real Estate Specialists Home office at: 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Cell (604) 657-8451 - (604) 980-0321 Fax (604) 980-0325 Calls welcomed from 10 AM to 10 PM 7 days a week (please do not fax or phone outside of those hours as this is a home office) email to taxman at centa.com <mailto:taxman at centa.com> www.centa.com <http://www.centa.com/> www.david-ingram.com <http://www.david-ingram.com/> Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent and appropriately qualified legal practitioner or tax specialist for expert help, assistance, preparation, or consultation in connection with personal or business affairs such as at www.centa.com <http://www.centa.com> . If you forward this message, this disclaimer must be included." Be ALERT, the world needs more "lerts" international non-resident cross border income tax help assistance expert preparation & immigration consultant david ingram, experts on rentals mutual funds RRSP RESP IRA 401(K) & divorce preparer preparers consultants
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