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Updated over 7 years ago,

User Stats

5
Posts
1
Votes
Matt Tager
  • Montreal, Quebec
1
Votes |
5
Posts

understanding taxe benefits thank you!

Matt Tager
  • Montreal, Quebec
Posted
I need help understanding real estate taxe benefits Here is an example purchase price 550k down payment 55k (owner occupied) 10% interest rate: 3% amortization: 25years monthly payment - 2415.19 1250$ a month towards interest on average for first year municipal taxes : 4,665$ school taxes: 913$ property in montreal lasalle quebec canada it is a 4plex 2x4.5 and 2×5.5 what will be the taxe benefits from this situation please explain how you calculated and how I can add the taxe benefits to my ROI for the year thank you very much

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