130. Investing with Whole Life Policy Loans in Canada Interest Deductions

August 30, 2022 00:26:22
130. Investing with Whole Life Policy Loans in Canada Interest Deductions
Wealth On Main Street
130. Investing with Whole Life Policy Loans in Canada Interest Deductions

Aug 30 2022 | 00:26:22

/

Hosted By

Richard Canfield Jayson Lowe

Show Notes

Wealth Without Bay Street EPISODE #130: On today’s episode of Wealth Without Baystreet, Jayson and Richard talk about how you can invest with your whole life policy loans and about interest deductions.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

00:29 Is Policy Loan Interest Tax Deductible?

3:09 Two Tracks You Can Take

5:28 Being an Honest Banker

9:36 Interest Write-Off

12:26 Know Your Options

16:56 Commercial Banks vs. Life Insurance Companies

Other Episodes

Episode

May 18, 2021 00:43:55
Episode Cover

63. Accelerate Your Business Value with Stephen Cummings

Your business might be doing well, but is it valuable? The majority of modern entrepreneurs often prefer to sell their businesses before retiring and...

Listen

Episode 0

December 23, 2022 00:35:22
Episode Cover

146. Life Gives To The Giver A Charitable Impact with John Bromley

Wealth Without Bay Street EPISODE 146: Featuring on today’s episode of Wealth Without Bay Street is John Bromley. John Bromley is the CEO and...

Listen

Episode 0

October 18, 2023 00:35:57
Episode Cover

189. What Are You Really Worth?

Wealth Without Bay Street 189: What Are You Really Worth? “What Would the Rockefellers Do?” is one great read not just for advisors but...

Listen