05/15/2026
Most homeowners are paying $371,000 in interest on a $500K mortgage. And nobody told them there was another way. 💜
Here's the thing. If one spouse has a regular job, pulling in an annual income of $120K. The other spouse has a side business working from home, making $5K a month.
Now, say they have a standard mortgage at 25-year amortization.
If they do nothing, the bank wins. Almost three quarters of a million dollars goes out the door.
But there's a strategy most are unaware of because it takes real work to set up. It's called cash damming, paired with debt conversion. Here's what it does in plain English.
✨The spouse with the regular job pays the mortgage like normal. Then they re-borrow the principal portion every month and invest it. That borrowed money is now tax deductible.
✨The spouse with the side business sends all $5K of business income straight to the mortgage. Then they re-borrow $5K from the HELOC to pay business expenses. That borrowed money is also tax deductible.
Same income. Same monthly payment. Mortgage paid off in about 𝟲 𝙮𝙚𝙖𝙧𝙨 𝙞𝙣𝙨𝙩𝙚𝙖𝙙 𝙤𝙛 𝟮𝟱!
𝗧𝗵𝗮𝘁'𝘀 𝗮𝗿𝗼𝘂𝗻𝗱 $𝟮𝟵𝟭,𝟬𝟬𝟬 𝘀𝗮𝘃𝗲𝗱!!
𝗔𝗻𝗱 𝗮 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝘄𝗵𝗼𝗹𝗲 𝘁𝗶𝗺𝗲.
This is what I mean when I say your mortgage should work for you, not against you. Set up wrong, and this can wreck your deductibility. Set up right, it stays fully onside with CRA.
If you have one regular income and one side hustle in the household, this is a conversation worth having.
What are your thoughts? Are you ready to start putting your mortgage to work for you?! If you just have questions, let me know. I'm here to support you and your family and hopefully make stressing about finances a thing of the past 💜
