Halton Hills This Week (Georgetown, ON), 2 October 1993, p. 7

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Aro un The Hi Ils TWG TRAVEL inc. 48 MAIN ST., S Georgetown 877-2252 | 354 Guelph St. Unit 27 Georgetown, Ont. (416) 873-1655 Don’t borrow for a car, borrow for an investment By Andrew Mackenzie, B.B.A. H™ you ever thought how nice it \would be if we could write off the interest we pay on loans and mortgages? It would make your financial life a little happi- er. For many of us, thé possibility of doing this is very real. If you have some savings, = you can make the interest on your car payments a write off. The solution is simple debt restructuring. If you have a $10,000 in savings, you can pay off your car loan with your savings and get a $10,000 investment loan. ‘situation to remain the same, but the interest you loan is | now a tax write off. You see, interest payments on invest- ment loans are tax deductible. of the write off is sim- The ilar to an RRSP, it lowers the. you $1,000 in interest every year and you are in a 50% tax brack- et, you will save $500 in taxes. ~ If you have never heard of this strategy before and feel srnment's are cle, but if you feel you save taxes in this manner, please give me a call and I will explain all the factors you need to know. If you have any questions regard- ing saving tax or any other finan- cial planning concerns, Andrew can be reached at 87-5495 or at Group at 450-1500. The distinctive styling of this sofa will enhance any home. It features a fully covered deck, high density foam cushions and sculpted hardwood frame. All this plus a Lifetime Warranty on frame & springs. SOFA* WAS $999 “Fabric not as shown drawers. 8 PIECE BEDROOM fab azeset] MAS, NOW $4199 PROTECT YOUR DEMERIT POINTS... AVOID INSURANCE RATE HIKES Ex-police officer will represent you in court FREE CONSULTATIONS © Impaired Driving / Over 80 mgs © Careless Driving / Speeding © All moving violations ‘ © Immigration Consultants © Small Claims Assistance © Accident Injury Claim Assistance Comfort and elegance can be yours with this stylish living room suite. It features solid hard- irame & no-sag springs combined with a durable fabric. 2 Built to Last! SOFA, LOVESEAT & CHAIR sve NOW $1499 LUXURIOUS LEATHER! This ‘sofa features Top Grain Leather on front ensures that it will last! SOFA sSoNOW $999 AYAWAYS - EASY PAYMENT PLANS - 100% SATISFACTION TARIO CHESTERFIELD WHOLESALERS T. E. MILT! 725 MAIN (ACROSS FRO -. MON.-WED 10-6 THURS. & FRIDAY en SATURDAY 10 6 PELAND LUMBER) SUNDAY CLOSED « 76-4488 + ERIE ST. STRATFORD (519) 271-4488 3 LOCATIONS TO SERVE YOU - GUELPH AUTO MALL (519) 763-4477

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