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Tag Archive | "smith-maneuver"

Tax Deductible Mortgages / Debt

Tuesday, June 30, 2009

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Some time ago a reader, Ben, asked for feedback on a strategy he is considering which he describes as a variant on the Smith Maneuver .  My hat is off to Fraser Smith as he has successfully attached his name to something that is a fairly general strategy based on not much more than the Canadian tax code. The Smith Maneuver The Smith Maneuver has been very well described at Million Dollar Journey and The Canadian Capitalist . The core of the idea is to convert your mortgage debt, which

Sluggish Growth in Real Estate Coimbatore

Tuesday, June 30, 2009

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Laxity in promoting Coimbatore as next IT destination after Chennai,time-consuming approval process, speculative land prices, conservative nature of people and lack of political clout are some of the key reasons identified behind the sluggish growth in real estate in the techcity. Speakers at a forum organised by Confederation of Indian Industry (Coimbatore) and Jones Lang LaSalle Meghraj (JLLM) here on Tuesday. However, believed the realty sector has enough potential and it is poised to pick up

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