Jan Walczak
(Toronto/Ontario) Selling property as principal residence proof
Hi everyone,
I'm considering selling one of my properties next year but would like to sell as principal residence to avoid capital gains tax. What documentation/proof do I need to provide CRA as means of proof?
Ex....
Faith Sia
Toronto (GTA), Canada Real Estate Investment for Beginner
Hi All,
So brief stats on my finances:> 28 yr-old, earning $60k annually> currently renting and keeping my expenses 1k/month> no debt, $18k in TFSA & $2k in RRSPI opted out from getting a car (hoping to ...
Ben Leybovich
Leverage Is Through the Roof!
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
Andrew D'Souza
Can't believe I've only just found BiggerPockets
Hey All, I've been an avid lurker of real estate investing and forums in general but never came across BiggerPockets until now. I've previously lived in San Francisco and am currently based in Toronto, Canada. For a w...
Preston Oakes
Introduction/Class Project Help
Hi All!My name is Preston and I am an aspiring investor from the metro Detroit area. I have been a big fan of the BP podcast and forums for for a couple years now but never fully jumped in until now!I have minimal exp...
Leila De Castro
Investing in Orlando, Florida
Hi, my family has plans to move to Orlando, Florida 2 or 3 years from now. I wanted to see if it's good to invest in a single family home now while we're still here in Canada. Also, where is the best area to invest in...
Paul Sverdlin
Lead generation strategies
Hello BP community,Ontario had never stopped appreciating and we are now sitting at prices that nearly guarantee zero cashflow, if not go into the negative territory. Yet I know that folks do find deals: Northern ON s...
Mark Weisz
New Home Build Delayed - Do we sell later or Sell Now (w/ extende
Hi All,Unfortunately, our new build has been delayed from June 1st to August 1st. :( We are in the Toronto area where real estate is very hot. Interest rates are still very low and so is inventory. We originally...
Bill Tereschuk
Travel expenses for out of country investor
I am a Canadian, and have already established a LLC in Nevada and I would like to get some advice as to how I should claim my travel expenses to and from Canada-Nevada. I have been told that I can only claim the actu...
Dallyn Volkman
starting out in Cananda
Looking for some advice. Im just starting out and live in Edmonton, Alberta, Canada. The price point is quite high here compared a lot of the homes I see being purchased in the states. Is there a path anyone could lea...