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Old 01-27-2007, 06:19 PM   #1
fille
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Join Date: Oct 2004
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Smith Manoeuvre: make your mortgage tax-deductible

I was wondering of anyone does this:
my financial advisor was teaching me this technique and I am planning on putting down 1/10 of my house purchase towards this manoeuvre.

Basically any investment is tax-deductible, so the technique is to take the equity in your house and put it towards an investment (say mutual funds)

for more information:
http://www.smithman.net/

I'd like to get some input before i sign some "forever" deals
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