if I wanted to tap into the home equity after maintaining the required 80-20 ratio
are there any tax implications with ccra ?
what interest is deductible from the mortgage (assuming the house is rental)
Quote:
Originally posted by pr13
if I wanted to tap into the home equity after maintaining the required 80-20 ratio
are there any tax implications with ccra ?
what interest is deductible from the mortgage (assuming the house is rental)
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
I was hoping to take a cash and fund my rrsp and resp for the year ..
in that case is it still questioned as a tax later by ccra?
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