SYNERGY GROUP SOLUTIONS
"RRSP Alternative"
Bob has $200,000 in RRSPs, is tired of money-losing years, and wants to switch to some type of low-tax, guaranteed growth scenario, but doesn't know where to begin.
Solution: Deregister the RRSP(s) and move them into cash. Use a tax management strategy to reduce the tax penalty. Move the cash into a proven alternative which is guaranteed and re-insured, and will double his money every 3 - 4 years.
"Home Equity Becomes Profitable"
Connie's $300,000 house is fully paid for, and she would like to turn this "dead equity" into an income generator.
Solution: Take a $225,000 line of credit at 6% interest. Move the $225,000 into a time-tested opportunity with a minimum annual return that will pay her line of credit's interest AND still double her account every 5-7 years! Connie may choose to receive semi-annual cash-flow, or let the money grow.
"Attention Real Estate Investors"
Eric has little capital, but does have a 5-year Cash-Flow Millionnaire Plan based on letting tenants pay his mortgages and build his asset base.
Solution: Eric may be able to use several Synergy Group tax strategies, and could enjoy tax-privileged growth that will double his savings every 4 years or less. Synergy Group can leverage his current situation to help his wealth grow much faster, bringing Eric to his goals much sooner.
"High Taxes On High Income - What To Do?"
Dave earns $120,000 per year and pays about $40,000 in tax. He has also just "flipped" a house for a $50,000 profit.
Solution: Depending on the most current tax management strategies available, Dave's $40,000 tax bill could be lowered to the $20,000 - $25,000 range, and his approximate $11,500 capital gains tax on the flipped house could be reduced by up to about 30%.
"Leveraging Real Estate Assets = LESS Work"
Rick rents out a $250,000 duplex (no mortgage), clears $400/month in profit, and wants to retire for health reasons.
Solution: Sell the property, and use a tax management strategy if there is a capital gain. Move the $250,000 into a Perpetual Trust and enjoy tax-exempt monthly growth SEVERAL TIMES his previous rental income, in a heavily tax- advantaged environment.
NOTES
* Our non-disclosure agreement MUST be completed, and then
a) faxed to 416 352 1312 or b) scanned and emailed to nda@synergygroup2000.com before any meeting with any Synergy advisor, whether face-to-face or via the web.
* These are just some examples of our alternative tax compression and wealth enhancement strategies, and may or may not apply in your own scenario. Please visit our staff page and we'll determine the best strategies available for you.