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206 pages (March 15, 2011); 666KB downloadInsomniac Press
; ISBN: INSOM-00010
Mortgage Freedom will save the average Canadian homeowner tens of thousands of dollars and help shave years off their mortgage. In this book Alexander Aitken offers readers a comprehensive method to structure their debt in a way that will provide tax deductions and tax refunds for most Canadians.
The book explains the type of mortgage required, ways to accelerate the plan, the investments used, how to use tax refunds, recent tax rulings, and much more.
In the simplest terms, Canadian homeowners make regular mortgage payments, which create home equity. That equity can be borrowed back from a line of credit and used for investment purposes. Interest on an investment line of credit is tax-deductible and the tax refunds, along with the net income from these investments, can be used to pay off a mortgage much faster.