Tax free refunds

What is The Smith Manoeuvre?

Get free tax refunds

Do you have the wrong kind of debt? The kind that is not tax deductible? Most of us do. The wealthy have debt too. The difference is they routinely turn their loans into “good debt” by making the interest tax deductible with the help of expensive accountants and lawyers. So while the wealthy are transforming their house mortgage loans into free tax refunds, the rest of us are paying off huge amounts of mortgage interest with after-tax income. Until now. The Smith Manoeuvre has introduced a new, simple, and powerful method that extends those tax-saving benefits to the rest of Canadians. It is now easy for you and your financial planner to start turning your bad debt into good debt, right away.

Start generating tax deductions now!

Invest more, earlier

Are you investing enough, soon enough? Most Canadians aren’t. After ever-rising taxes and the cost of making ends meet, most of us don’t have the resources to put away 10% of our income and max out our RRSPs or TFSAs every year. The benefits of compound interest, which are essential to our long-term financial well-being, remain elusive. But there is a way to change that. It’s done by transforming mortgage interest into tax refunds. Next to winning the lottery, nothing improves your cash flow more efficiently than the act of reducing your income tax – and doing it by making your mortgage tax-deductible. The Smith Manoeuvre is a remarkably efficient way for you and your family to raise large amounts of new money, through free tax refunds, so that you can start building a larger nest egg, sooner.  You may or may not have a monthly savings program already (congratulations if you do!) but how would you like to have an additional $500 per month to invest for your future?  Maybe $750 per month?  More?

Start saving for your retirement now!

Pay off the non-deductible mortgage

Is your mortgage killing you softly? A $300,000 mortgage at 4.0% over 25 years will set you back about $173,000 in interest costs. That $300,000 will end up costing you over $473,000.  And that’s after-tax income, which means you’ll have to earn about $675,000 to pay off your home if you’re at the 30% tax bracket. No wonder it’s difficult to save for the future. But if you make it tax deductible using The Smith Manoeuvre, you will recover a good chunk of that interest in the form of yearly tax refunds. Use the tax department’s money to pay down your expensive, non-deductible mortgage faster, and you’ll see it melt away many years sooner than you imagined possible. It stands to reason: if you are going to have mortgage debt, why not make it tax deductible? The Smith Manoeuvre shows you how.

In a nutshell, The Smith Manoeuvre employs refined and proven debt conversion techniques to transform mortgage interest into tax deductions. The method has a remarkable snowball effect that generates large and growing annual tax refunds, and enables the homeowner to knock years off the life of a non-deductible mortgage and build an impressive financial portfolio at the same time. It is the most efficient way for families to raise the resources they need to secure both their house and income in retirement. The Smith Manoeuvre uses the legal tools of the CRA and Canadian Financial institutions. It has been reviewed by Revenue Canada staff, and endorsed by respected financial experts and economists, investment planners, and lenders.

Start reducing your non-deductible debt now!

Get it right

Please, educate yourself on the strategy from the source — right here!

As we all know, the internet can be a fantastic source of information – it has advanced the accrual of global knowledge to a great degree, indeed.  However, it can also be a source of substantially misleading misinformation.

You may already have searched the internet for information on The Smith Manoeuvre, or you may be about to, but what you need to be very aware of is that there is a great deal of erroneous information out there.  You will see ‘self-educated’ individuals, financial writers, and even financial professionals discussing or advising the public on the strategy when they are not entirely sure of what The Smith Manoeuvre is all about in the first place.  They may think they understand it, they will tell you they do, they will give advice on it, they will instruct you on how to implement it – but they have it wrong.  How many times we have seen, “I haven’t read the book, but…”!  Many!

The Smith Manoeuvre is not an overly complicated financial strategy but there are a number of moving parts, and many people simply have not taken the time to fully understand it before they take to the public forum of the internet.  This is not to say there aren’t those out there that truly do understand the strategy, but there are many who simply don’t have it right.  And how do you know if they know it or not?  Educate yourself from the source – right here.

Buy now!

Tell a Friend

Your friends, relatives and co-workers who have mortgages will thank you for connecting them to The Smith Manoeuvre. It could be your gift to them of thousands of dollars in net worth if they make their mortgage tax deductible!

Send them a note by completing the form below. (Please note, we are committed to protecting your privacy, and will not release your name or email address or that of your friends, relatives and co-workers to any company or party.) Your note will be preceded by the following comment from us:

Hi Friend,

[Your name] thought you might be interested in checking out a website for any Canadian with a mortgage. The Smith Manoeuvre shows you how to convert the interest of your house mortgage into large, annual tax deductions, pay down your mortgage fast, and build a bigger nest egg. Go to www.smithman.net to check it out. — Fraser Smith, author of The Smith Manoeuvre.