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

Wealth On Main Street

Aug 30 2022 | 00:26:22

00:00 / 00:26:22

Hosted By

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

January 12, 2021 • 00:25:25

45. With IBC The Cash Follows The Leader

We all know that everyone’s financial situation is different. But did you know that you can set up a policy to suit you? Most...

Episode 0

August 02, 2023 • 00:13:46

178. Cash Follows The Leader - Finding The Money To Start IBC

Wealth Without Bay Street 178: Cash Follows The Leader – Finding The Money To Start IBC You might be wondering, “How on earth can...

Episode

April 16, 2025 • 00:57:15

267: Why Infinite Banking Means True Financial Freedom with Kurt Berry

Wealth On Main Street 267: Why Infinite Banking Means True Financial Freedom with Kurt Berry Your path to financial independence does not require chasing...