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15 March 2020 | 9 replies
Haven't got the will to look at the revenue change yet.
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9 September 2020 | 32 replies
My biggest concern in foreign countries is political stability.
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17 March 2020 | 15 replies
Biggest financial event of our lifetimes!
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20 March 2020 | 23 replies
The Lodging revenue is from the Pigeon Forge city website and encompasses ALL taxable lodging revenue, as such I think it's a pretty good indicator of overall rental income.
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26 September 2020 | 80 replies
Biggest financial event of our lifetimes!
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19 March 2020 | 5 replies
So, again, I began to think outside the box a bit.Washington, D.C. is one of the biggest tourist cities in America.
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17 March 2020 | 3 replies
I remember when I got mine a few years back and very soon after was very fortunate to be able to secure my first home :)I, personally, would pick between options 1 and 3.Option 1:Pros: You'll have a bigger space that you can eventually redeem for yourself if you ever need it, and allows you to ease into investing by house hacking.It might be easier to get financing for another place in the future if you already have a lease in place for the current location and can show that rental income already coming inCons: Only the portion that you live in could be looked at by CRA as a primary residence and if you do sell at some point, you'd be liable for the capital gains tax on the part that was being rented out (https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-127-capital-gains/principal-residence-other-real-estate/changes-use/changing-part-your-principal-residence-a-rental-business-property.html)Option 3:Pros:Allows you to have your own space, and understand the nuances of condo living prior to getting a second condominium propertyAllows you to experience some condo living as well as be able to save up waiting for the pre-construction property to closeCons:HST on the pre-construction property (Unless you decide to move into it when it's done)
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26 March 2020 | 9 replies
For me this is a major concern if not the biggest short term risk.
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16 March 2020 | 11 replies
Fiscal stimulus would be more helpful to the economy, but the US already has such a huge budget deficit after corporate rates got cut from 35 to 21 with very little offsetting revenue.