About this ebook
Mortgage Freedom will save the average Canadian homeowner tens of thousands of dollars and help shave years off the 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 creates home equity. That equity can be borrowed back in 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. Foreword by Jonathan Chevreau.
- 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 creates home equity. That equity can be borrowed back in 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. Foreword by Jonathan Chevreau.
About the author
Alexander ("Sandy") Aitken graduated Royal Military College of Canada. After serving 5 years as a regular officer in the Canadian army, Aitken retired at the rank of Captain and went on to found his first company, Highlander Business Solutions Inc. In 2004, Aitken found TDMP.COM ndash; the "Tax Deductible Mortgage Plan", as a debt management platform for Canadian homeowners and investors. Aitken has grown the company into the largest Canadian mortgage platform of its kind; winning numerous awards and making Profit Magazine's coveted Profit 100 list of fastest growing Canadian companies in both 2009 and 2010.
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