One thing is clear:
your situation is unique.
Not everyone will be comfortable with the concept, or they may simply have no real interest in making their mortgage tax deductible or in receiving an annual tax refund.
In understanding this, below is an example of a typical client who has taken advantage of the TaxSmart Mortgage strategy. We have provided the assumptions we’ve used in their specific situation along with their unique projected benefits and results. |
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| 1 |
Prime lending rates of 6.25% |
| 2 |
Client is in a 46% tax bracket |
| 3 |
Client’s existing mortgage was valued at $250,000 with a 25 year amortization and a 5.84% interest rate |
| 4 |
Investments grow at 8% per year* |
| 5 |
The client used all tax refunds generated by the TaxSmart Mortgage strategy to make additional annual payments toward their mortgage |
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They will be completely mortgage free in 11 years 7 months |
They will have a net investment portfolio of $897,000 after 25 years** |
For further information specific to your personal financial situation, join us for one of our free, no obligation seminars by completing and submitting our registration form
*This 8% rate of return is not guaranteed and is purely an assumption of what the markets are capable of based on past market history. Past history is not a guarantee of future performance.
**Income taxes may be owed whenever the investment portfolios are sold by the client. |
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