
Here is an example of a Landlord who wanted to achieve MORTGAGE FREEDOM BUT they were in negative cash flow on their rental property by $1130/month
They implemented cash damming and turned their $585k mortgage from a non-deductible mortgage to a tax-efficient money-making machine!
ย The client has a $585k mortgage in which they have committed 31 years to pay down the mortgage. (๐ต๐๐ข๐ ๐๐๐๐ ๐๐ ๐กโ๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐ค)
๐๐๐ ๐ญ๐ก๐๐ฒ ๐ข๐ฆ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐๐ ๐๐๐ฌ๐ก ๐๐๐ฆ๐ฆ๐ข๐ง๐ ! ๐๐๐ซ๐โ๐ฌ ๐ฐ๐ก๐๐ญ ๐ก๐๐ฉ๐ฉ๐๐ง๐๐ ๐๐๐ญ๐๐ซ ๐ญ๐ก๐ข๐ฌ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง
In just 9 years, Debt Conversion is achieved, resulting in the attainment of a maximum tax-efficient mortgage. By converting bad debt into good debt, they now enjoy the greatest tax refunds. (๐ ๐๐ ๐๐๐๐ ๐๐ ๐กโ๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐ค)
The client will receive $179k ๐ข๐ง ๐ญ๐จ๐ญ๐๐ฅ ๐ญ๐๐ฑ ๐ซ๐๐๐ฎ๐ง๐๐ฌ over the life of the mortgage.
They will pay off their mortgage approx. 10 y๐๐๐ซ๐ฌ ๐๐๐ซ๐ฅ๐ข๐๐ซ ๐ญ๐ก๐๐ง ๐ฉ๐ฅ๐๐ง๐ง๐๐. MORTGAGE FREEDOM! ย (Yellow ๐๐๐๐ ๐๐ ๐กโ๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐ค)
๐๐ง ๐๐๐๐ข๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ญ๐ก๐ ๐ฌ๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐จ๐ฏ๐,ย Since the clients are paying off their moqrtgage 10 years earlier, they will have future payment savings of $391k! This equates to a Pre-Tax Income savings of $745k.
By having a rental property, their net wealth improvement is $1.384M

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