Personally, I know a LOT of people are expecting cuts to start happening in June but with the spring market being hot here in Winnipeg and with the recent carbon tax increase I could see inflation staying high forcing the BOC to keep the prime rate where it is.

It's crazy how many tax benefits there are to investing in RE. 

We get a lot of CA investors in our market here in Tahoe Reno, NV that are looking to 1031 exchange out of CA and into Nevada for the lower property taxes and no state income tax benefitsCarlan C.

Investing in the US is a bit unique for us as we have to manage the tax relationship, but the returns are much better than I’m seeing in Canada and have focused my attention here.

So, if I did do it that way I would need to pay gift tax on the money he gave me for the rehab, correct?

You don't necessarily need a CPA licensed in those states to provide you with tax planning, tax advice or to help prepare your return.licensure for CPA's by states are normally important when you want to provide assurance / auditing related assurance

Hi all, Have anyone invested in tax deed in los angeles or orage County?  

Hi Steve,You could put a second position loan on it - like a HELOAN but this will be based off of income/tax returns.

I am writing to seek clarification regarding the insurance claim check that was recently issued to me as the payee, with both my personal name and the mortgage company's name listed.

Hello, I recently bought a small store just outside of LA, and my accountant was telling me if I wanted to save some money on my income taxes for next tax season, I should consider a Cost Segregation Study.