According to the MLS, there are 337 house listings over $1.5 million in WV and there have been 13 homes sold above $1.5 million in the last 60 days.
According to the MLS, there are 243 house listings over $2million in WV and three have sold in the last 30 days.
The Smith Manoeuvre
Ever heard of the Smith Manoeuvre? For those who don't know what it is, it's a Canadian wealth strategy to structure your mortgage so that it's tax deductible. There's a tax rule in Canada where if you borrow money to invest in an income producing investment (like a dividend paying stock or investment property), you can deduct the annual interest paid on the investment ...