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Hi everyone, my partner and I are renting right now and looking to start our landlord journey. We're based in Calgary, where there’s a lot of pre-construction happening, and we’re aiming to buy a pre-con property as o...
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I visit BP infrequently and am surprised that nothing seems to have been posted about changes the House Ways and Means Committee are introducing to help reconcile the $3.5 trillion spending bill. Two sections in part...
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Things are not the same, but there's no reason not to continue to invest. It just requires a different approach than before. In case this is helpful for anyone, these are a handful of mistakes I've seen some people ma...
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Alright "tax" friends... I need some clarity. I just heard someone say on a podcast, that they hold all of their properties in an LLC, because otherwise, they can't claim the deductions such as Property Management, mi...
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I posted this in starting out but got no response. I hope this is the right forum. Still feeling my way around here. Before I sign on the dotted line, I would like to get ideas on the best use of the available seed m...
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What would the reason be to buy a negative cash flowing property (lets say negative 400 a month) ? Does it make sense to do that as a first time investor and home buyer?
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Hi folks, I'm pretty much learning the ropes in investing in the US and would love to connect with my fellow Canadians already doing just that. I need to know how I can structure my business to minimize my taxes and l...
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Looking for advice - Does it make sense to do a cost segregation study on a property (and claim accelerated bonus depreciation) I bought this year considering the following? why/why not?
(I understand that I need t...
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I am in the infancy phase of even exploring this idea, but was curious to see if any other apartment operators have looked into installing solar panels on their buildings to reduce utility expenses? My gut says there ...
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Hi! I've searched around a ton to find a simple answer to this to no avail. Maybe because it's been hard to wade through the flood of information on depreciation and expenses.I wanted to know the strategy behind wheth...