5 Common HST Questions When Building or Substantially Renovating a Property

How was your long weekend? Victoria Day long weekend is always fun in our neighborhood. One of our neighbors organizes an annual fireworks event every year. This year as a collective group, we spent over a thousand dollars on the fireworks.…
,

HST Quick Method: A Simple Secret for Keeping More Money in Your Pocket

It was holiday season and it’s always great time to get together with friends & families. We had four straight days of partying and now we are back to work. For our kids, this is the best time of the year as they receive so many…
,

New Residential Housing Rebates: You May Lose Them in These 4 Common Scenarios

On this past Election Day, I ended the 6 week fitness challenge at our gym. We did a few workouts and achieved all our personal records on certain lifts. I did 185lbs deadlift x 3 reps (never had I done this weight before, let alone…
, , ,

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…
, , ,

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…