Earned Income Tax Credit | Tax Deductible Mortgages in Canada

Tax Deductible Mortgages in Canada

As many of you know, the interest on home mortgages in the United States is tax deductible. In Canada, this is not the case. As a trade-off we do not pay capital gains when we sell our homes. However, there is a way to deduct at least some of the interest you are paying from your tax burden. Read on to find out how.

Filed Under Earned Income Tax Credit | Comments Off

Tagged With ,

Comments

Comments are closed.