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Do You Make These Mistakes When You File Rental Income in Your Corporation?

Happy belated Easter everyone! I hope all of you enjoyed your Easter as much as I did. We are so fortunate that our neighborhood hosted an annual Easter Egg Hunt every Easter Sunday.  We have been participating ever since we moved here…
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4 Recent Tax Updates That Would Affect Principal Residence Deduction

It’s getting cold. Before it gets to freezing cold, we took our kids to a nearby farm to pick apples this past weekend. As we parked our car to enter the farm, we saw two bus loads of Chinese tourists entering the farm. I don’t…
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4 Ways to Minimize Taxes on Sale of Rental Properties

“Success is measured by inches, not miles.” For some of my long time blog followers, you know that my goal is to be able to do a strict pull up by the end of this year. I am still working toward that goal, slowly but surely. To…
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How to Calculate Tax Payable on the Sale of Your Rental Properties?

Hi fellow Canadian Real Estate Investors, It was my birthday weekend last week. Erwin arranged a surprised celebration party on Sunday with my best friends. He knows that I’m a geek so we once again went to an escape room. This time…