Latest / Your Mortgage Minute | Onlendhub
Cash Damming: The Tax-Saving Strategy for Rental Investors | Your Mortgage Minute
Cash damming for rental investors is a Canadian debt-management strategy that may improve the tax treatment of borrowing when it is structured and documented correctly. In this episode of Your Mortgage Minute, Sarah and Mouli explain how investors can use a dedicated line of credit to pay eligible rental-property expenses while directing rental income toward non-deductible personal mortgage debt.
You’ll learn how the cash-flow structure works, why the Canada Revenue Agency focuses on the purpose and use of borrowed funds, and how debt tracing affects the potential deductibility of interest…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.