u/jha030

Hello fellow SM Folks

I just started this journey and I have a few questions I want to make sure I do it correctly so that my interest are 100% deductible. I’m using RBC and have a dedicated account to transfer from HELOC ->account -> RBC DI brokerage.

1. If I bought shares and there is $5 left in my brokerage account do I need to transfer it back into my HELOC?
2. is it better to use own funds to pay interest or interest capitalization?
3. If I go with interest capitalization and put a floater fund of $500 example. If the interest payment goes up, what is the best way to increase this floater for a clean audit trail?

Thank you very much!