Is your mortgage tax deductible?

I have just joined the Tax Deductible Mortgage Program (TDMP). TDMP is a Canadian based company which converts Canadian homeowner’s mortgages, into tax deductible investment loans. TDMP uses a strategy called "tax damming" which is complex, yet very successful. It helps homeowners pay off their mortgage faster while accruing an investment portfolio for the retirement years.

Due to the complex nature of TDMP's program, it is best promoted through interactive seminars rather than advertising. The next one will be held June 17th in Vancouver at the Holiday Inn Hotel. The seminars are informative and provide access to certified mortgage professionals. For those unable to attend, interactive tools are available at The Tax Deductible Mortgage Plan.

While other planners and mortgage brokers do promote similar strategies, they may neglect to assist with the back end work required to keep it compliant with the Canada Revenue Agency. TDMP's online system automatically manages the process so homeowners can rest easy, knowing their accounts are taken care of.

TDMP recently added to its website and now offers an online TDMP test. This allows potential clients to determine whether they qualify for the product. This is in addition to helpful videos, media commentary and frequently asked questions.

If you have any questions about this unique strategy, please visit (http://www.tdmp.com/index.php/MB2300) and/or call (250)862-1806 or email [email protected].

This article is written by or on behalf of an outsourced columnist and does not necessarily reflect the views of Castanet.