Mortgage Interest deductible in Canada -

My_question_is: Canadian-specific
Subject:        Mortgage Interest or other.
Expert:         taxman@centa.com
Date:           Saturday March 17, 2007
Time:           02:10 PM -0500

QUESTION:

Is their a way I can claim the Interest on my Mortgage. I have been Disabled for the Past year and a half due to Cancer Treatment. I have claimed all the other medical expenses last year. I hope to return to work soon, but as of now I owe $1800.00+. Are their any other deductions I am not aware of that I can also deduct.
Thanks Ron Beausejour

_______________________________________________________________________-
 
david ingram replies:


Yes it is possible but you have to work at it.  Read the following older answer.

------------------------------------------


My question is: Canadian-specific

QUESTION:
 What date is the archive in Centapede for turning home mortgage interest
tax deductible
 There was a book written about it also  Who was the author?

 Thanks   I very much enjoy your column

---------------------------------------------------------------------------
david ingram replies:

The first treatise on making Canadian mortgage interest deductible ever written 
that I know of was written by me and published by the North Shore Credit Union 
in the North Shore News in November 1976 and has been updated many times.
You can read the latest version in my Nov 2001 Newsletter in the top left
hand box at www.centa.com.

Fraser Smith wrote a book called the SMITH MANOEUVRE in 1985.  It should be
available at any book store or you can check out his website at
http://www.smithman.net/frasersmith.html

If you are in Greater Vancouver, you can attend one of Fred Snyder's Free
Thursday Seminars and /or listen to him every Sunday Morning at 9:00 AM on
www.600am.com or see him at 10:30 AM every Sunday morning on NOW TV, channel
10.

If you are on the island, Fred's associate, Ralph Hahmann also gives free
seminars on the subject at his Dundee Wealth Management office on McKenzie
Street in Victoria on Tuesday evenings.  Call Ralph at (250) 472-0700.

Every Thursday Evening, Fred Snyder of Dundee Wealth Management conducts one
of 17 different financial seminars in the boardroom of his office

Time:    7:00 to 9:30 PM
Date:    Every Thursday evening
Place    1764 West Seventh
             Vancouver (corner of Burrard)

Phone (604) 731-8900 to register

No cost - no obligation

Topics always cover mortgage interest as a deduction

other topics - getting the mortgage, estate planning, critical care
insurance, income taxation, differences between stocks and bonds, and
usually the most innovative HELOC mortgage offered in Canada from Manulife
Bank

If you are starting in downtown Vancouver and do not want to go home first,
one of the excellent THAI HOUSE restaurants is in the same building and
makes a nice start to the evening. If it is your first seminar, Fred will
buy you dinner if you are pre-registered.

I, david ingram, am sometimes at the Thursday evening following the last
Sunday of each month to cover mortgage interest as a deduction and give the
class an adding test.
--------------


Answers to this and other similar  questions can be obtained free on Air by
david ingram on the last Sunday of each month.

On the last Sunday at 9:00 AM on 600AM in Vancouver, I, david ingram will be
a guest on Fred Snyder of Dundee Wealth Managers' LIVE talk show called "ITS
YOUR MONEY"

Those outside of the Lower Mainland will be able to listen on the internet
at

www.600AM.com <http://www.600am.com/>


Call (604) 280-0600 to have your question answered.  BC listeners can also
call 1-866-778-0600.

Callers to the show and questioners on this board can also attend the
Thursday Night seminars on finance and making your Canadian Mortgage
Interest deductible.

I will be at the seminar following the last Sunday of the month.
------------------------------
 David Ingram's US / Canada Services
US / Canada / Mexico tax, Immigration and working Visa Specialists
US / Canada Real Estate Specialists
My Home office is at:
4466 Prospect Road
North Vancouver,  BC, CANADA, V7N 3L7
Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325

Calls welcomed from 10 AM to 9 PM 7 days a week  Vancouver (LA) time -
(please do not fax or phone outside of those hours as this is a home office)

email to taxman@centa.com <mailto:taxman@centa.com>
www.centa.com <http://www.centa.com/>  www.david-ingram.com
<http://www.david-ingram.com/>

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