Cloning: Old Way vs New Way (Setup 03) #2:
Mortgage Interest Isn't Deductible...
Or Is It?
[Old Way -> New Way, shot as two separate takes]
[Old Way] Mortgage interest isn't tax-deductible in Canada.
Everyone knows that.
[New Way] Yours isn't.
The wealthy change that, legally.
[Old Way] You can't just deduct your mortgage.
[New Way] Not the mortgage.
But the Income Tax Act lets you deduct interest when you borrow
to invest.
[Old Way] How does that touch my mortgage?
[New Way] With a readvanceable mortgage, every dollar you pay down opens room
to borrow to invest.
That new interest is deductible.
Over time your mortgage becomes a loan you can write off.
[Old Way] That sounds complicated.
[New Way] It has rules.
That's why you do it with someone who knows them.
[CTA ยท optional, pick one]
Comment SMITH and I'll walk you through it.
Or, simpler: "Follow me for more like this."