Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#119224 - 03/04/06 05:47 PM Mortgage and Tax Lessons
dluu Offline
Member

Registered: 09/06/05
Posts: 101
Loc: Toronto, Ontario
Are there any good websites or books to learn about mortgages and taxation in Canada? Most of the articles and threads I read online are for the U.S. and I suppose they are very different than in Canada e.g. ARMs.

Thanks,
David

Top
#119225 - 03/04/06 05:51 PM Re: Mortgage and Tax Lessons
Sheldon Johnston Offline
Member

Registered: 10/11/05
Posts: 428
Loc: Edmonton, Alberta, Canada
I have a broker friend who maybe able to help you. I'll ask him.
_________________________
Sheldon Johnston
Coldwell Banker Johnston

www.edmonton-homes.ca

Blog http://www.edmontonrealestateblog.com/

Edmonton, Alberta

Top
#119226 - 03/06/06 09:13 PM Re: Mortgage and Tax Lessons
dluu Offline
Member

Registered: 09/06/05
Posts: 101
Loc: Toronto, Ontario
Thanks Sheldon for the help! Keep up the good work on this forum! \:\)

Top
#119227 - 03/29/06 03:26 PM Re: Mortgage and Tax Lessons
dluu Offline
Member

Registered: 09/06/05
Posts: 101
Loc: Toronto, Ontario
Sheldon,

I was wondering whether you had a chance to ask your friend yet.

Thanks,
David

Top
#119228 - 03/29/06 06:07 PM Re: Mortgage and Tax Lessons
Sheldon Johnston Offline
Member

Registered: 10/11/05
Posts: 428
Loc: Edmonton, Alberta, Canada
Thanks David. I got sidetracked with other things. I've just sent him an email.
_________________________
Sheldon Johnston
Coldwell Banker Johnston

www.edmonton-homes.ca

Blog http://www.edmontonrealestateblog.com/

Edmonton, Alberta

Top
#119229 - 03/30/06 11:30 AM Re: Mortgage and Tax Lessons
Gord McCallum Offline
Junior Member

Registered: 03/30/06
Posts: 9
Loc: Edmonton, AB
 Quote:
Originally posted by dluu:
Are there any good websites or books to learn about mortgages and taxation in Canada? Most of the articles and threads I read online are for the U.S. and I suppose they are very different than in Canada e.g. ARMs.

Thanks,
David
Hi David,

That's an excellent question. Do you want to learn about mortgages and taxation in combination, or as separate articles?

The best book that I've found on the subject of mortgages and taxation together is the Smith Manoeuvre. It's actually a strategy we've been promoting quite heavily lately and is an excellent way to accomplish three things:

1) Pay your mortgage (bad debt) off faster
2) Grow your networth faster and higher
3) Earn free money in the form of tax refunds from the CRA.

http://www.smithman.net/Gordon_McCallum.html

I hope this is helpful...let me know if you are looking for something different.
_________________________
Gordon McCallum, B.Comm AMP
Broker
First Foundation Residential Mortgages
p. 1.866.702.7678
e. gmccallum@firstfoundation.ca

http://www.firstfoundation.ca/apply.htm
http://www.smithman.net/Gordon_McCallum.html

Top
#119230 - 03/30/06 11:35 AM Re: Mortgage and Tax Lessons
Sheldon Johnston Offline
Member

Registered: 10/11/05
Posts: 428
Loc: Edmonton, Alberta, Canada
There you go David. The man himself replied. His information on the smith manoeuvre has me very intrigued.
_________________________
Sheldon Johnston
Coldwell Banker Johnston

www.edmonton-homes.ca

Blog http://www.edmontonrealestateblog.com/

Edmonton, Alberta

Top
#119231 - 03/30/06 11:41 AM Re: Mortgage and Tax Lessons
Gord McCallum Offline
Junior Member

Registered: 03/30/06
Posts: 9
Loc: Edmonton, AB
 Quote:
Originally posted by sheldonj:
There you go David. The man himself replied. His information on the smith manoeuvre has me very intrigued.
David, there is another little ditty here from Garth Turner who many people have heard of:

http://www.garth.ca/columns/010709.shtml

and an article on the Smith Manoeuvre:

http://db.inman.com/inman/content/subscribers/inman/column.cfm?StoryId=030404FB&columnistid=obrien

I hope this is what you're looking for.
_________________________
Gordon McCallum, B.Comm AMP
Broker
First Foundation Residential Mortgages
p. 1.866.702.7678
e. gmccallum@firstfoundation.ca

http://www.firstfoundation.ca/apply.htm
http://www.smithman.net/Gordon_McCallum.html

Top
#119232 - 04/11/06 09:00 PM Re: Mortgage and Tax Lessons
dluu Offline
Member

Registered: 09/06/05
Posts: 101
Loc: Toronto, Ontario
Gord, thank you for your help. I really appreciate it. I was looking more along the lines of resources such as your Garth Turner link and not something too specific such as the Smith Manoeuvre. But I'll definitely take a good look at it!

Much appreciated,
David

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
Cheech&Chong, FlaWind, Ben555, katiejane, RentalAccounting
21426 Registered Users
Who's Online
11 registered (Doin' bpose, HONEY, CandyMan, 75Corvette, City Girl, BPOhawk), 167 Guests and 6 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 83
Brit16 51
KingofBPOs 45
shurdul 45
DueDiligence 43
Bigtoe 37
Kjmendy 35
johnnyloans 35
Averis 32
SoldWithVideo 30
75Corvette 30
super realtor 29
RIzwan 28
Scintillion 25
PA Roadkill 24
(Views)Popular Topics
No new orders today 4732070
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2684886
Stupid MLS comments. 955547
EML 458010
Evalonline 299687
What do you know about Froy Candelario, top agent in USA 289655
Land America 285006
New HUD Listing Brokers---Any Update? 267658
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 238673
Stupid QC comments and BPO requirements. 228714
Is there religious content in Buffini class? 224743
FARVV 177251
REOTRANS 160439
USRES / RES.NET 147655
Let's talk about our cars 146573
asset val seminar in colorado 143791
AVM Bpos 139640
FARVV 126764
PAS 118332
Featured Member
Registered: 03/18/10
Posts: 24

How To Advertise Here


This site presented by RNC Internet Services