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LEVERAGE UP AND INVEST!!! From Mortgage to Millions
We recently made a commitment to incorporate Liability planning into our practice. Liability planning you might ask? Liability planning is a unique approach to fully maximize the Section 163 tax benefits on your home, develop a specific plan for your present and future mortgage needs, and make sure you balance the asset accumulation in your home with other needs for retirement, college funding, or other goals you may have. Few people understand how a mortgage works as a tax shelter, and the use of our Liability Planning software allows us to customize a Liability Plan software allows us to customize a Liability Plan that's right for you. More specifically, Section 163 of the IRS Code allows interest on a primary and secondary home of up to $1 million to be tax deductible. An additional $100,000 in home equity or second mortgage debt is deductible, while other debts such as car, auto, student loans, etc., provide no such tax shelter, and are often financed at a higher interest rate.We won't know if this program is right for you or not, until we analyze your current mortgage situation. For that reason we are offering a free Liability Analysis to our clients. You need only complete the attached Liability Planning Analysis. We will provide you with a custom analysis of your current home equity and debt structure, tax benefits, cost of equity opportunity, and return to you our thoughts on changes you might consider that could have a dramatic impact on your long term financial planning goals. Liability Planning Analysis
Please complete the attached Liabilities Planning Analysis. |
