Quote:
Originally Posted by shermanator
Okay so random question. While doing my taxes, TurboTax suggested that I take out a $1500 loan, put that additional money into my RRSP, and then use the $1500 I would get back on my tax return to pay off the loan. What are people's thoughts on this?
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We'll without knowing anything about you/your situation its hard to say. In general though I would say its a good strategy. Get a 90 day deferred loan and make it easy on yourself that way as well.