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 0

October 04, 2023 00:28:42
Episode Cover

187. How to Prepare for Future Financial Windfalls

Wealth Without Bay Street 187: How to Prepare for Future Financial Windfalls When the inevitable occurs and death comes knocking, there's something called a...

Listen

Episode

June 19, 2024 00:46:09
Episode Cover

224. The Power Of Infinite Banking In Your Family

Wealth Without Bay Street 224: The Power Of Infinite Banking In Your Family PRE-ORDER A COPY OF OUR NEW BOOK! Don’t Spread the Wealth:...

Listen

Episode

July 05, 2022 00:22:48
Episode Cover

122. 7 Steps To Becoming Your Own Banker

Wealth Without Bay Street EPISODE 122: On today’s episode of Wealth Without Baystreet, Richard and Jayson walk you through 7 easy steps that you...

Listen