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Updated about 5 years ago,
House Hacking for Canada
I'm sure many of you have come to this community from books like Craig Curelop's House Hacking, or similar sources. I am a Canadian Citizen, living in Canada and I hope to start house hacking in my home city of Calgary.
The problem is sources such as the book above refer to loans, mortgages, taxes and laws originating in america.
I am looking to have a place where the Bigger Pockets community can, for lack of a better word "translate" this kind of information to Canadian systems.
In particular I am wondering,
- what are some realistic mortgage options regarding minimum down payments?
- where can I find resources regarding rental laws in each province?
- are there subsidies or tax benefits that I should consider?
If anyone has Canada specific knowledge to share with the community I invite you to comment below.