![]() |
|||||
![]() |
You're busy. So. Here are your answers.... Cash Flow. Insurance Investing, OPM. Your Mortgage Freedom comes from paying off the Mortgage fast. First order of business is to pay yourself directly from the Cash Register. Then pay off your business expenses from your home equity. This is another secret from the Richest Man in Babylon. The ancient Rich Dad. His advice to his Student of Wealth was to Pay yourself First in business. Such sound investing advice holds true today as it was in ancient times. Classic Accounting Advice tells you to start your business first with a Line of Credit from the home equity. Then keep the cash flow from your business account and the home budgeting separate. Sure, keep the accounting separate. But MIX THE FUNDS. Co-mingle the funds and pay your mortgage first. Put your Accountants to work and have them show you how to do that and still stay in the good books of our friends at the IRS in the US and Revenue Canada or CRA now. Australian and UK tax laws all have a similar foundation in the old country, the UK. Fundamentally, the rules are similar with important country specific variations. That is how you will get ahead. Already, the Accountant's advice is sound at the beginning. Unfortunately, they do not follow through all the way to the end.
First , add to your Business Cash Flow with
Alarming secrets from Revenue Canada's tax rules reveal tax credits from this clever mix of your home equity, mortgage payments and your business expense could be done. Get Accountants advice on these tax credits. When cash accounting allows your cash flow to adapt and apply these new secrets, you achieve mortgage freedom sooner. But first, you must find an Account who thinks outside the box!
|
||||
Ever since the terrorist acts of Nine Eleven, privacy laws have changed internationally. Off shore Banks, for example, in the Caribbean island-nations, Belize and Switzerland no longer accept your money in secrecy. If the equity in the home is significant, the business spirit in you cries out for bigger goals....HUGE GOALS so you would leave a legacy behind for generations to come. You would need insurance investing advice in addition to the mortgage freedoom goals of the smart mortgage plan. See the page on insurance investing for more details.
Some Mortgage Lenders will now accept from Business Owners, the Income you report without demanding the strict proof of income they always required. With SMERP, your business profits.... Even your current business cash flow could be used as income that qualify you for your Mortgage. The same cash flow could afford the down payment. More importantly, proof of a down payment is now a more stringent requirement in the purchase of your home. High Ratio Loans, that is, loans above 75% of the value of the home, must carry loan insurance by law.
Old habits die hard with these Lenders who insist on strict observance of the Down Payment Proof. For the creative financing of home purchases, the down payment is often the toughest part of the financing challenge. You may still have to prove Down Payment in a Nothing Down Home Purchase deal in order to qualify for the 85% to 95% high ratio financing for that mortgage. You may have to borrow the business's Bank Account in order to give proof of your Down Payment to these High Ratio Lenders. We can show you how this works.
The Mortgage Freedom system for Business Owners starts first with home ownership. We show how you pay off the mortgage principal super fast and develop equity. Equity in the home is the foundation to your wealth. You must protect it from creditors, judgments and lawsuits, from taxation, even from control by scheming family members. Our Consumer education and information objectives will give sound advice in all of these areas.
We have a wealth of "street-smart" secrets, money smart ideas, tax credit strategies and accounting solutions that are intended to keep your big money profits where they properly belong --- in your pocket. Your profits, your cash do not belong in the hands of Big Government, through excessive taxation; or Big Banks, through huge profits and interest charges.
Get help by completing our Contact Form Below.
http://www.mortgage-freedom.com/Fast_Contact
You pay those who helped you to make it...Your Employees, and Business Partners. When structured properly, all of the options above give special tax credits or tax deductions to you as a Business owner:-
***** Matching Contributions to an RRSP is Tax deductible
***** A Retiring Allowance using an Insurance Policy also works.
***** Business contributions to a profit Sharing Plan is a business expense.
***** The total of all Pension Contributions for all of your employees can create a deductible pension to you the Employer.
All of these schemes create huge benefits that you the smart business owner may not know at first. You also help your Employees. Unfortunately, these all require huge cash flow commitments from your business. Here is another way to give a huge benefit to Employees with little reductions of business cash flow. The most cost efficient Employee Benefit is to add a Smart Money Mortgage Early Repayment Plan as an appendix to your Employee benefits package. We explore this strategy on the Gift Ideas page. Right now.....
COMPLETE THE FORM BELOW.
TELL US YOUR AREA OF INTEREST
LET OUR EXPERTS BUILD YOUR FAST RETIREMENT FUND
ASK ANY QUESTION
GIVE US YOUR FEEEDBACK
WE ARE HERE TO HELP!!
Mortgage Freedom
| Dept Consolidation | Action Guide | Home Equity
Insurance Investing
| First time Home buyers |
Business Owners | Seniors Income
Military
| Managers and Clerks
| Drivers
| Contractors |
Commission Sales
| Mortgage Network
Monitoring Success
| Money Cheques
Money Affiliates
| Web Business
| Contact us