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

September 20, 2022 • 00:40:55

133. Entrepreneur Sells Amazon Store and Creates Two New Online Businesses

Wealth Without Bay Street EPISODE 133: Featuring on today’s episode is Nathan Hirsch. Nathan is a lifelong entrepreneur and currently the CEO of EcomBalance...

Episode 0

June 26, 2024 • 00:54:07

225. RESPs Explained | Reasons Why You Should Not Use An RESP

Wealth Without Bay Street 225: RESPs Explained | Reasons Why You Should Not Use An RESP PRE-ORDER A COPY OF OUR NEW BOOK! Don’t...

Episode 0

July 30, 2026 • 00:47:02

332: How Does Infinite Banking Actually Work? A Client-Turned-Advisor Explains

Reading time: 2 minutes Before John Saintloth ever taught the Infinite Banking Concept, he lived it. Before he became an advisor at Ascendant Financial,...