
5 June 2024 | 4 replies
Some examples of this would be 1) depreciation calculations such as switching from straight-line depreciation to accelerated depreciation (often used for cost segregation studies when not performed in the year placed in service), 2) income recognition, and 3) inventory valuation such as changing from LIFO to FIFO.Correcting a mistake: If you realized that you used an incorrect accounting method after you filed your tax returns, you can file this form to request permission to change to the correct accounting method so that your tax reporting is accurate.Here’s a chart that you may find helpful when deciding whether you need to amend your return or file a Form 3115.As always, I recommend consulting your CPA or tax advisor as the rules can be complex.What is your experience with filing a Form 3115 or amending your tax return?

6 June 2024 | 3 replies
I feel like Vancouver is a nice size - big enough to find quality property management and trades, but small enough to be a little less urban.If this is an area you'd like to live in the future it may make a lot of sense.I might suggest a three bedroom, but will be interesting to see what others think.
6 June 2024 | 6 replies
So chances of finding the right buyer, (DIY saving money type), with kitchen size/layout very similar yet flexible - willing to build/spec the cabinets around the size of the counters... is exceedingly slim.

5 June 2024 | 8 replies
In my experience sometimes a business plan can take a year, and this is especially true if you do not have a chart of accounts to start with from an ongoing business with numbers associated with it- I mean cash flowing through the accounts overtime.

6 June 2024 | 1 reply
The land, zoning, waste disposal system, in ground oil tank, elevations, liabilities, encumbrances, lot size, setbacks, and other issues that may have impact on an investment decision and any value add opportunities or lack of.

6 June 2024 | 2 replies
I deal with several, the down size is you will definitely need to come up with 20-30% down with these loans but the terms are very favorable. please feel free to reach out if you have any other questions or concerns.

7 June 2024 | 21 replies
Depending what lender you go to, some don't have seasoning when do about $20k in renovation on a value of this size.

9 June 2024 | 223 replies
In other words, the lot’s size is too small to comply with the current zoning regulations.

5 June 2024 | 29 replies
Also in Canada when people sign their loan docs do they show a chart or disclaimer that if interest increased to xx% , what your monthly payment would be?

5 June 2024 | 6 replies
The average size of a three-bedroom is 1,200 feet.