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17 January 2025 | 9 replies
You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.
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30 January 2025 | 4 replies
All advice and tips are appecriated, thank you
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23 December 2024 | 12 replies
I don't have much patience or sympathy towards the annual flood of "Terrific End-of-Year Tips to Cut Your Taxes" webinars, podcasts, articles and whatnot.
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29 January 2025 | 16 replies
My number 1 tip would be to go off market and find owner that wants to sell at a discount / prefers speed and convenience.
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28 January 2025 | 1 reply
If I do, I need to sell it by July 2026 in order to not have cap gains. We lived in two of the last five years up until July 2026.
I haven't been like I should watching the market like I should. I want to have more re...
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19 January 2025 | 10 replies
and some guidance from the FTC is here: https://www.ftc.gov/tips-advic...Simple solution - DON'T.
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28 January 2025 | 3 replies
I’m still learning but would love to hear about any tips or methods that have worked for you.
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14 January 2025 | 9 replies
Finally, short-term rentals can offer potential tax advantages, as many expenses associated with the property may be deductible.
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9 January 2025 | 14 replies
Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in 5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.
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3 February 2025 | 12 replies
If any investors have tips or advice on successfully implementing the BRRRR strategy, it would be much appreciated!