Entries by Cherry

, , ,

Principal Residence Exemption – Part1: What I learned from the most recent Professional Development course

March break is underway. With the interest rate reduction announced earlier by Bank of Canada, spring market seems to be hotter than ever. Many people are interested in investing in this real estate market, especially the condo market. Recently I attended an online professional update course for Chartered Professional Accountant about principal residence exemption. There […]

, ,

Tax Tip from a Retired Accounting Firm Partner About Setting Up Corporations

Hello fellow real estate investors, Just before the holidays, I had the opportunity to meet up with my long-time mentor, a retired partner at the biggest accounting firm in Canada. His practice is built primarily around small business. A lot of his clients were investors, some are mutual funds investors and some are real estate […]