As a result, it pays income tax at the full corporate rate - which is equivalent to a top personal income tax rate in most provinces.    

Here in Ontario every MLS I've interacted with has an option for brokers to list a contract as an "Assignment Sale".As others have mentioned it's illegal in every state/province for you or your agent to list the property for sale when you only have it under contract.

Overall, the province had Production and Drilling seeing historic highs in 2012, and again in 2013.

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@Matt GeertsTo add to the comments of@Luc Boironand @Samuel Sedoreabove.Canadian provinces are split down the middle with respect to those which using judicial foreclosure (NS, MB, SK, AB, & BC) and those which have adopted power of sale (NF, PEI, NB, QC, & ON).As Luc mentioned, the actual process for power of sale is enacted more quickly than judicial sale/foreclosure which is a "good thing" from the lender's perspective. 

BC is indeed spectacular, no matter which corner of the province you find yourself in!  

In my province of Ontario it's 0.10%.

My future intentions are to refinance and with more knowledge and experience maybe try to invest out of province and do a brrr or just find something cheaper and essentially just find a cash flow positive turn-key type deal.I learnt that I can't leave everything up to my realtor.

I'm new to the province and don't know what strategies are legal and popular.

Steve Vaughan Shaun Patterson I don't know if it is the same situation in your state as it is in my province here in Canada, but I find most property managers are older people ready to retire and haven't got a clue about what customer services means lolOr, they are realtors using property management to cover monthly expenses and sell real estate as a full time job.Neither is really passionate nor educated enough to be professionals.