Strategy Risk Review
Already running the strategy. Not completely sure you're running it right?
Rental cash damming, the Smith Manoeuvre and debt swaps are not particularly difficult to understand. Running them properly over months and years is where things can get complicated.
Maybe you set everything up yourself. Maybe someone helped you get started. Maybe the structure made sense at the beginning, but after months of transfers, payments, new borrowing and account changes, you're no longer completely confident everything is happening the way it should.
That is what the Strategy Risk Review is for.
We review what you're currently doing, how your accounts are structured and how the money has actually been moving. Then we show you what looks right, what needs attention and what we would change going forward. We help you get the strategy back on track.
01 Why People Come to Us
“I think I'm doing this right.”
That is usually where the conversation starts. You understand the strategy. You have the accounts. You've been making the transfers. But somewhere along the way, questions start appearing.
- Am I using the right account?
- Did I borrow that payment correctly?
- Have I mixed personal and investment or rental borrowing?
- Should that interest payment have come from somewhere else?
- Did I miss a step?
- Is the structure still doing what it was designed to do?
Sometimes the setup is perfectly fine. Sometimes there are a few things that should be cleaned up. Sometimes we find that the strategy has drifted significantly from how it was intended to run.
The purpose of the review is to figure out which one applies to you.
02 What We Review
We start with what you're actually doing.
This is not a generic strategy consultation. We look at your existing implementation. That can include:
- Your account structure
- Which accounts and borrowing facilities you're using, what each one is being used for and whether different purposes are being kept appropriately separated.
- Your transaction flow
- How money is actually moving through the strategy, including payments, transfers, borrowing and repayments.
- Your sequencing
- Whether the steps are happening in the right order and whether the process you're following still matches the strategy you're trying to implement.
- Your record keeping
- Whether there is a clear enough trail to understand what happened and what different amounts of borrowed money were used for.
- Your ongoing process
- How you're running the strategy month to month and whether there are practical changes that could make it cleaner and easier to maintain.
03 What You Get
A clear picture of where you stand.
- 01
Understand the current setup
We work backwards through what you have been doing and build a clear picture of how the strategy is currently operating. - 02
Identify what needs attention
We flag areas where the implementation appears inconsistent, unclear, mixed or different from the intended process. That might include account structure, transaction sequencing, commingling, tracing gaps or simply a process that has become unnecessarily complicated. - 03
Build the path forward
We show you how we would run the strategy from here. Where something can be corrected operationally, we explain the change. Where something requires a determination from an accountant, investment advisor, mortgage professional or another licensed professional, we identify the question that needs to be answered and can help coordinate the appropriate referral.
The goal is simple:
Understand what happened. Fix what can be fixed. Get the process clean going forward.
04 Who It Is For
You do not need to have started with Freedom10.
The Strategy Risk Review is designed for people already running, or attempting to run, rental cash damming, the Smith Manoeuvre or a debt swap.
You may have built the strategy yourself. You may have worked with another company or professional. You may have started with a clear structure and simply become less confident as the strategy evolved.
It does not matter how you got here. If you want someone who sees these implementations every day to look at what you're doing and help determine whether the process is being run properly, that is what this review is for.
05 What This Review Does Not Do
This is an implementation review.
We are reviewing how you are running the strategy. We are not preparing your tax return or determining what you can claim.
Which questions belong where
“How do I claim this interest on my tax return?” That is a question for your accountant.
“I've been running rental cash damming for the last 18 months and I'm worried I've been moving the money incorrectly. Can you review what I've been doing and help me clean up the process?” That is exactly the type of problem we can help with.
During the review, we may identify something that should be taken to your accountant, financial advisor, mortgage professional or another professional. When that happens, we'll tell you what we found, explain why it needs another professional's input and help you understand the question that needs to be answered.
06 Your Numbers. Your Facts.
Built on the records you provide.
Our review is built on the information and records you provide, along with information available from your advisors, lenders and financial institutions. You are responsible for making sure that information is complete, accurate and current.
We will ask questions when something looks inconsistent or when we need more information to understand a transaction. We do not independently audit your records. If the information changes, our analysis may change with it.
FAQ
Strategy Risk Review Questions
Next Step
Not sure you're running it right? Let's find out.
You do not need to start over. You need to understand what you're doing today, whether anything needs attention and what the process should look like going forward.
A short application tells us which strategy you're running, how long you've been running it and what you're concerned about. If a Strategy Risk Review makes sense, we'll walk you through the next steps on a 30-minute video call.