By Leanne Mollica
Mortgage Broker | Mortgage Architects – Team Borle
Founder, My Mortgage Strategy
Serving Salmon Arm, the Shuswap, and British Columbia
If you’re self-employed and a home purchase, refinance, or renewal might be in your plans over the next few years, tax season is more important than many people realize — even if you’re not actively house-hunting right now.
This isn’t about making changes, chasing loopholes, or giving tax advice.
It’s about zooming out and thinking strategically so future mortgage options stay open.
The Overlooked Connection Between Taxes and Mortgages
Here’s the part many self-employed borrowers don’t hear until it’s too late:
Smart tax planning and smart mortgage planning don’t always line up automatically.
From a tax perspective, minimizing income can make a lot of sense.
From a lender’s perspective, however, reported income is often the starting point for determining borrowing power.
That doesn’t mean one approach is “right” or “wrong” — it just means the timing and coordination matter.
Decisions made today can influence:
- How lenders assess your income later
- Which mortgage programs you qualify for
- How much flexibility you have when opportunities arise
My Role (and What It Isn’t)
To be very clear:
- I don’t give tax advice
- I don’t tell you how to file
- I don’t override your accountant’s recommendations
What I do help with is connecting the dots early.
My role is to collaborate — when appropriate — with you and your accountant so:
- Everyone understands upcoming goals
- There are no surprises when financing is needed
- You’re not forced into rushed decisions under pressure
Why Early Conversations Matter
Mortgage planning works best before there’s a deadline.
When conversations happen early:
- You gain awareness, not pressure
- You can plan timelines instead of reacting to them
- You preserve options — even if plans change
And sometimes, the biggest value is simply knowing what questions to ask and when to ask them.
Thinking About the Next Few Years?
If home ownership, refinancing, or a future renewal is somewhere on your horizon, tax season is a great time to pause and reflect — even if you don’t take action yet.
Early conversations almost always lead to better outcomes later.
If you have questions or want to talk through scenarios at a high level, I’m always happy to chat.
No pressure.
No sales pitch.
Just aligned planning.