Quote:
Originally Posted by bizaro86
I think it also might be a backhanded way for the gov't to crack down on people doing the Smith Maneouvre to save taxes. I have a heloc at 80% that I use for real estate investments, and I hope they allow a reasonable amount of time for rolling those over into mortgages, etc.
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Yeah me too, if they don't then I might have to sell a property or two, or deal with some properties' cashflow going way down.