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Episode 51: The Smith Maneuver
17:18
 

Episode 51: The Smith Maneuver

business owners deductible debt mortgage interest podcast real estate investors Jun 04, 2024

In this episode of the Wealthy Entrepreneur, our host Bob delves into the Smith Maneuver, explaining how to transform home mortgage debt into tax-deductible investment debt. He outlines how leveraging home equity into rental properties can convert financial liabilities into substantial assets.

Our host explores customized mortgage solutions offered by private banking that support homeowners in adopting this strategy effectively. Providing direct, actionable guidance on using home equity to lower taxable income while boosting financial flexibility.

Highlighting the tax benefits and potential for reducing mortgage payments through the Smith Maneuver. Bob presents practical examples demonstrating how savvy debt management can lead to enhanced financial growth and stability.

Tune in for invaluable tips on upgrading your financial strategy and don’t forget to subscribe for more insights from future episodes.

 

Episode Highlights:

  • 00:00 Welcome to The Wealthy Entrepreneur Podcast
  • 02:22 Deducting Mortgage Interest for Business Owners
  • 05:10 Tax-efficient Mortgage Strategies for Real Estate Investors
  • 11:22 Maximizing Tax Savings by Converting Non-deductible Debt to Deductible Debt

 

Resources:

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