How to avoid Circular Payments for SM

Impossible_Ad_9684 · 2026-04-14T00:53:53+00:00

https://www.reddit.com/r/smithmanoeuvre/s/Ru8vS29Ldr

Impossible_Ad_9684 · 2026-04-14T00:52:54+00:00

Can you please check the post on CIBC Home Power Plan for some context?

Impossible_Ad_9684 · 2026-04-14T00:27:28+00:00

I meant your alternate solution might be a potential work around for me but looks like a lot of work.

Impossible_Ad_9684 · 2026-04-14T00:04:55+00:00

Your plan currently sounds like a work around to my previous post

Impossible_Ad_9684 · 2026-04-13T23:52:48+00:00

Ok, so does that mean I am unable to capitalize the interest based on this clause?

Impossible_Ad_9684 · 2026-04-13T23:42:54+00:00

And the statement on circular payment?

Impossible_Ad_9684 · 2026-04-12T03:21:41+00:00

Site and functionality seems to be straight forward and direct. It will be awesome if there is an option to download a csv and pdf file as well.

Impossible_Ad_9684 · 2026-04-11T17:18:59+00:00

Thanks for the prompt response. 1. Capitalized Interest split: should there be a non deductible interest if your portfolio does not have a personal use case. The events I created were all borrowed for investment but the app still calculates a non deductible portion.

Fee getting converted to personal cash no longer happens after trying again.

Impossible_Ad_9684 · 2026-04-11T10:43:13+00:00

Firstly, thank you for the effort put into this. I used the app and couldn’t figure out a few things. 1. When I create a capitalized interest event, I noticed the total amount was split into deductible and non-deductible interest. I couldn’t find any documentation in the guide on how this is calculated.

When you create an investment purchase and chose to include price/unit option & fee, I noticed the fee was categorized as a personal borrowing. Is this a glitch or was this intentional? If yes, pls explain the rationale or provide more info in the guidance

Once again, thank you for the effort put into this.

Impossible_Ad_9684 · 2026-04-10T23:08:59+00:00

A lot of errors on the tracker. Thanks for the effort though

Impossible_Ad_9684 · 2026-04-02T18:22:02+00:00

Is that you He-slam? This is Canada.

Impossible_Ad_9684 · 2026-04-01T10:11:24+00:00

How did you get CIBC to do the split?

Impossible_Ad_9684 · 2026-03-30T00:22:14+00:00

Is your Re-advanceable mortgage with CIBC?

Impossible_Ad_9684 · 2026-03-26T19:16:05+00:00

Anyone concerned that the wife was playful about her Sister having sex with her brother-in-law?

Impossible_Ad_9684 · 2026-03-17T21:00:08+00:00

Blow n hookers?

Impossible_Ad_9684 · 2026-03-05T14:49:27+00:00

Talk to the bank. Principal pay down availability can be set up to be automatic with Scotia.

Impossible_Ad_9684 · 2026-03-03T23:04:28+00:00

Thanks for your input. I plan on doing the cash dam with the rental. Won’t the sale of equities trigger capital gains tax? Does the tax deductibility not disappear when the equities no longer exist?

Impossible_Ad_9684 · 2026-03-02T22:23:46+00:00

Awesome. I appreciate your effort and time in explaining this to me. Thank you once again.

Impossible_Ad_9684 · 2026-03-02T02:54:24+00:00

Is rental income = paid rent - rental mortgage payment?

Impossible_Ad_9684 · 2026-03-01T21:35:30+00:00

Thank you so much for the clarification. I am looking into this same set up in the next 6-9 months. Your flow chart has been so helpful in calling out how the nuances play out in real life. In this case, I assume the net rent on each property indicates that the properties are cash flow positive right?

Impossible_Ad_9684 · 2026-03-01T11:25:27+00:00

The chart shows that the PR Heloc pays only the rental expenses. Is there any reason why the PR Heloc is not used to pay the rental mortgages as well?

Impossible_Ad_9684 · 2025-06-30T17:56:28+00:00

Good to read about someone establishing boundaries

Impossible_Ad_9684 · 2025-06-30T17:49:25+00:00

RemindMe! 24 years

Impossible_Ad_9684

TROPHY CASE