Hi there,
With CRA's prescribed loan interest rate at 1%, this may be the best time to consider lending money to a spouse for investment purposes.
Would anyone that has implemented a "loan for value" strategy to income-split with their spouse be willing to post a sample of the demand loan they drew up?
Thanks!
With CRA's prescribed loan interest rate at 1%, this may be the best time to consider lending money to a spouse for investment purposes.
Would anyone that has implemented a "loan for value" strategy to income-split with their spouse be willing to post a sample of the demand loan they drew up?
Thanks!