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Seize Your Mortgage Benefits: Top Actions Before February 29!

General Angela Calla 24 Jan

With tax season around the corner, we wanted to get this in your hands, being committed to your financial success.

Key Points:

  1. Potential Tax-Deductible Mortgage Interest: Your mortgage statements are enroute in the mail or on your online portal with your lender. Consult with a tax specialist and financial advisor to unveil potential deductions, reducing your tax burden, or potentially finding better insurance solutions increasing your financial flexibility. We can make introductions for you (just reply back with the best phone number to reach you at) if you don’t have an expert on hand or would like a second opinion. If you would like to review a different payment strategy, or plan for your renewal, our team are always here to help personally.

 

  1. Maximize Down Payment with Grants & Tax Refunds: Act early with a financial planner to leverage tax returns or grants, securing a larger down payment if you are considering making a home or investment property purchase this year and unlocking better loan terms if you are up for mortgage renewal this year. We have seen our clients gain some big financial wins and achieve goals much faster utilizing this.

 

  1. Accelerate Mortgage Paydown: With insights from a financial planner, and working together with us to strategize on paying down your mortgage faster, minimizing interest costs, and achieving long-term financial gains. You can also review different paydown strategies and compare with our mortgage app: https://www.dlcapp.ca/app/angela-calla?lang=en

 

  1. Declarations for Speculation & VacancyVacancy Declaration for the City of Vancouver needs to be declared by February 2, 2024.  For all other areas the Speculation and Vacancy Tax need to be declared by March 31. This is a reminder to review and ensure you check this of your list of tasks if you live in a region where this is applicable.

Time is of the essence. Reach out before February 29th to harness these key opportunities and transform your mortgage into a dynamic tool for financial success!

Always here to help you and those you care most about.


Angela Calla is an 19-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through her best-selling book “The Mortgage Code, Angela educates prospective home buyers by providing vital information on mortgages. In light of this, her success awarded her with the 2020Business Leader of the Year Award.

Angela is a frequent go-to source for media and publishers across the country. For media interviews, speaking inquiries, or personal mortgage assistance, please contact Angela at hello@countoncalla.ca or at 604-802-3983.

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