🎧 How the Smith Manoeuvre Works in Canada (with Steve Tsonev)
Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

Today’s episode dives deep into one of Canada’s most powerful and misunderstood tax strategies for homeowners and investors: the Smith Manoeuvre. Wayne and Gabby are joined by Steve Tsonev from Finngo Bookkeeping & Tax to explain how Canadians can make the interest on their mortgage tax-deductible and why this strategy can dramatically grow your wealth over time. You’ll also hear Wayne’s personal story of discovering the Smith Manoeuvre, why Finngo became a certified provider, and how you can implement it the right way.

🧠 What You'll Learn in This Episode

• What the Smith Maneuver is and how it works

• Why mortgage interest isn’t normally deductible in Canada (but can be)

• What a re-advanceable mortgage is and why it’s key to this strategy

• What counts as eligible investments (and what doesn’t)

• Why CRA contamination rules matter and how to avoid costly mistakes

• The three professionals you’ll need to do it right

• How to avoid being denied $150,000+ in interest deductions

• A real-life scenario showing the potential to build $2M+ in wealth

• Why timing matters and it may not make sense to implement yet

👥 About Your Hosts
Wayne and Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through their REI Masters Mentorship Program, they help Canadians build long-term wealth using rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies.
New episodes every weekday morning featuring real stories, coaching moments, and tactical investing advice.

💡 Resources & Contact
Learn about our Mentorship Program: www.reimasters.ca
Bookkeeping & Tax help: www.finngo.com/rei
Submit a question: info@reimorningshow.com

📘 Get the 5% Rule™ Book
Want to know if your property actually cash flows?
Get your copy of The 5% Rule: A Real Estate Cash Flow Test for Canadian Investors on Amazon:
📖 Order Now - https://www.amazon.ca/dp/B0F9Z5ZD3B?ref_=cm_sw_r_ffobk_cp_ud_dp_C8X9DW5NYMDNZY1ZNTC2_3&bestFormat=true

📆 Upcoming Event – REI Masters Networking BBQ & Private Lending Info Session
📅 Saturday, July 19 | ⏰ 4–8 PM
📍 Sir Wilfrid Laurier Park, Edmonton
Join us for a free BBQ, lawn games, and networking with real estate investors.
Hot dogs by Samuel from SPM Inc. Renovations and Q&A with Kaelan Nelson from Calvert Home Mortgage.
🎟️ Register Now → https://www.eventbrite.ca/e/1443974268909?aff=oddtdtcreator

🤝 Thanks to Our Sponsors
🏠 Krystal Kromm – Red Deer Investor-Focused Realtor
📞 (587) 377-8584
🔗 Facebook

🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team
🌐 calvinrealty.ca
🔗 Facebook

📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm
🌐 www.finngo.com/rei
🔗 Facebook

💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers
🌐 www.kbmortgages.ca
📧 keaton@kbmortgages.ca
🔗 Facebook

🏗️ Calvert Home Mortgage Investment Corporation
📞 403-278-0249
📧 info@chmic.ca
🆔 FSRAO License Numbers: 13267 and 13268

🎧 How to Assess a Neighborhood for Your Next Rental Property
Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

In today’s episode, Wayne and Gabby dive into one of the most important aspects of real estate investing: assessing a neighborhood before you buy. Inspired by a listener question, they walk through a full checklist of what to look for—from tenant profiles and school rankings to crime maps and coffee shops. Whether you're a new investor or adding to your portfolio, this guide will help you avoid costly location mistakes.

Plus, they answer a listener’s question about abandoned property left behind by a seller, and how to handle it legally and ethically.

🧠 What You'll Learn in This Episode

• How to assess a neighborhood before buying a rental

• Why tenant profiles should shape your location decisions

• Tools to evaluate school catchment zones and crime rates

• How walk scores and transit access impact tenant satisfaction

• The importance of driving or walking a neighborhood

• Red flags and green lights to look for on the street

• How to spot early signs of gentrification

• What to do when a seller leaves stuff behind after closing

👥 About Your Hosts
Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through their REI Masters Mentorship Program, they help Canadians build long-term wealth using rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies.
New episodes every weekday morning featuring real stories, coaching moments, and tactical investing advice.

💡 Resources & Contact
Learn about our Mentorship Program: www.reimasters.ca
Bookkeeping & tax help: www.finngo.com/rei
Submit a question: info@reimorningshow.com

Get the 5% Rule™ book on Amazon: The 5% Rule™ – The Real Estate Cash Flow Test
Order Now → https://a.co/d/3Xrcnhw

📆 Upcoming Event – REI Masters Networking BBQ & Private Lending Info Session
📅 Saturday, July 19 | ⏰ 4–8 PM
📍 Sir Wilfrid Laurier Park, Edmonton
Join us for a free BBQ, lawn games, and networking with real estate investors.
Hot dogs by Samuel from SPM Inc. Renovations, and Q&A with Kaelan Nelson from Calvert Home Mortgage.
🎟️ Register Now → https://www.eventbrite.ca/e/1443974268909?aff=oddtdtcreator

🤝 Thanks to Our Sponsors
🏠 Krystal Kromm – Red Deer Investor-Focused Realtor
📞 (587) 377-8584
🔗 Facebook

🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team
🌐 calvinrealty.ca
🔗 Facebook

📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm
🌐 www.finngo.com/rei
🔗 Facebook

💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers
🌐 www.kbmortgages.ca
📧 keaton@kbmortgages.ca
🔗 Facebook

🏗️ Calvert Home Mortgage Investment Corporation
📞 403-278-0249
📧 info@chmic.ca
🆔 FSRAO License Numbers: 13267 and 13268.