Phone call from a listener about she and husband moving to US from Canada - she is a US citizen, he is a Canadian who gets a US Green Card (resident alien). Tax consequences of having a home in both US and Canada - how determining residency makes a difference both in US tax and in how to treat capital gains. This caller has done it all herself and done an excellent job - she would make an excellent employee of David's business.

David takes time out from reminiscing with friends Fred Snyder and Ozzie Jurock to answer a call-in question from Minnesota. You too can call in with your cross-border tax questions most Wednesday evenings between 6PM and 9PM Pacific time - 1-866-980-0499 in North America

David, Fred Snyder and Ozzie Jurock have been friends for many years. David has done various programs with both Fred and Ozzie separately, but rarely with the two of them on at the same time.

Listen in while these three talk about their history together and about some of the recent criminal financial cases that have graced the media lately.

Second in the series with Fred Snyder this Wednesday evening, this segment deals with financial planning.

Fred has spent long hours creating a computer tool that he uses to get to know his clients. This financial planning tool helps him help his clients get to know their financial health, asperations and fallbacks - and is provided freely by him to his clients and those who think they might like Fred to help them with investments.

"If you don't plan, you'll never get where you want to go" says Fred - and he backs it up with examples and stories.

In the first of 4 segments with Fred Snyder this week, David and Fred talk about how a personal mortgage can be turned into a business tax deduction for anyone who has  personal business income such as rental, SOHO, or investment income outside of a corporation.

Many financial people will tell you that it is "illegal" in Canada to have your home mortgage as a tax deduction - this is absolutely not correct. They're sort of right in that this cannot be done for anyone simply earning wages - but for anyone with any other kind of income not earned through a corporate entity they control (don't incorporate - just do the business in your own name or as a "Doing Business As") then it is both straight forward and perfectly legal.

Listen to David and Fred on this long-known method of paying your mortgage with "before tax dollars"