Jayson Lowe explains how to convert a mortgage into tax-deductible debt. Two speakers claim the strategy takes five years and four months and saves about $450,000 in interest by using pre-tax dollars to cover payments.
It's going to save. It was like five years and four months it's going to take to like convert this mortgage to tax deductible debt. It was going to save like $450,000 in interest.
Wow.
You have to earn pre tax dollars or like after tax dollars to pay your mortgage. So how much do you have to earn pre tax to pay that mortgage plus the interest and principal to.
Piggyback off? Not only are you now in a position because you're marrying the two IBC let's say in Smith Maneuver, not only that you're now going to not just save all that interest that you were going to save four hundred and fifty thousand dollars how much interest that we're not giving up. Right. The opportunity cost on that money. You're not just saving the interest now but you're also putting that cash to work in your system and recapturing the opportunity cost as well. Right. And building a huge legacy for your family all at the same time.
