Myth-Busting (Setup 01) #6: Rental Owners Are Overpaying the CRA
[Hook]
If you own a rental property, there's a good chance you're paying
more tax than you need to.
Not because you're doing anything wrong...
Just because nobody ever showed you there was another way.
[Explain]
Most landlords let their rental income pay the rental expenses.
It seems logical.
It's simple.
And it's exactly what almost everyone does.
But what if I told you there's a smarter way to move
the exact same dollars?
[Illustrate]
Instead of using your rental income to pay the rental expenses...
What if you used that cash to attack your personal mortgage first...
...and then borrowed to pay the rental expenses instead?
Same properties.
Same income.
Same monthly cash flow.
A completely different tax outcome.
[Teach]
Over time, you're reducing your non-deductible mortgage faster...
creating more tax-deductible interest...
and often generating tax refunds that can be used to pay your
mortgage down even faster.
That's a strategy called Rental Cash Damming.
It's completely legitimate when it's structured and documented properly.
And because the paper trail matters, this is definitely one to set
up correctly from day one.
Comment LANDLORD and I'll show you exactly how it works.
Or, simpler: "Follow me for more like this."