Episode 38: Mortgage Interest Sucks—Here’s How to Make It Tax Deductible (Yes, Really)

Send us Fan MailIn this week’s episode, Alex & Alex dive into Cash Damming—a powerful but lesser-known tax strategy that can help you turn personal debt into tax-deductible business debt. Whether you're a freelancer, landlord, or sole proprietor, this might be the financial play you've been overlooking.Here’s what you’ll learn:What is Cash Damming? How this strategy legally converts personal debt into tax-deductible business debtWho can use it? Rental property owners, freelancers, and sole proprietors—find out if you qualifyHow it works: The step-by-step setup you need, including separate bank accounts and a personal line of creditThe benefits: How you can speed up paying off your mortgage and write off loan interestThe fine print: Why a clean credit score and long-term discipline are key, and what to watch for if you’re in a partnership or going through a breakupReal talk: This isn't a get-rich-quick scheme—it's a slow burn tax efficiency move that could save you thousandsFollow Our Host Alex Pang Alex Shanks