Debt Conversion

The milestone where the personal, non-deductible mortgage reaches $0 under a strategy like Cash Damming. It is real progress and the entire point of the strategy, but it is a different milestone than being debt-free: the HELOC/ILOC balance that funded the redirect is still outstanding at that point, and keeps generating a deduction going forward.

Worth being precise about, because the two get conflated easily and the gap between them can be years. “Years to Debt Conversion” on the Rental Cash Damming Calculator always means this milestone specifically, never the point where all debt (including the HELOC) is paid off.