I’ve been teaching people this for over 20 years. Here’s the answer. You should save your money in this order to maximize your savings…. 1. Leverage2. RRSP3. TFSA4. Non-registeredOf course it depends on your unique ...
Hey there! As a CPA and former tax accountant, I wanted to share some tips with you on how to make the most of your real estate investments this tax season. There are a few key benefits you should know about that can ...
In a high-interest rate environment, every penny counts when it comes to managing your finances. One area where this is particularly true is in paying down your mortgage. For most people, their mortgage is their large...
Hi all,I’m new the the real estate market and I’m looking for some general ideas on how to start this journey. I been fortune enough to meet several partners and we have gathered a pretty decent initial bank roll to s...
So I just got off the phone with my broker and she mentioned that after my down payment the loan looks to be too small. She said that the loan will have to have a higher apr. She mentioned to get a higher loan and pay...
Hello, Fairly new to the site. Closing on my first MF in a few weeks , super excited! A little bit of information about the property:One Mortgage program. 3 % down payment. NO PMIIt's a MF, 1st unit is 2 bedroom, 1 ba...
I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
Hey everyone, looking for some direction on whether to proceed with a live-in flip.
I own my primary residence and have 2 separate rental units. Between my W2 income, rental income, and keeping expenses low, I have a...
I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
Hello Community!
I’d appreciate some guidance on a few matters regarding my investment properties.
I recently purchased several properties in the following locations:
• Ft. Lauderdale, FL
• North Palm Beach, F...