Turning interest payments into tax deductions
- Do you own "non-registered" assets yet still carry liabilities?
- Do you wish to accelerate the growth of your assets?
- Would you like to reach goals or finance projects faster?
Borrowing to invest is a strategy that allows tax deduction of the interest paid. This strategy is not appropriate for everyone, but offers the potential for faster growth of your capital. It can also be used strategically in some situations.
Investment loans strategies are not solely meant as a means to save tax and are only suitable to investors with high risk tolerance profiles.
Let us assess whether an investment borrowing strategy is a viable option in your situation.