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4 Tips on Cutting Your Tax Bills for 2016

Erwin and I went on a cruise. Just the TWO of us. Woo-hooh! We are so lucky that my mother-in-law agreed to help take care of the kids. For the first time since I have become a mom, Erwin and I travelled together without our children. I…
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How to Deduct Home Office Expenses for the Self-Employed

(Our last group workout at Radix Performance in Oakville. Source.) A few of my friends become first time moms recently. Being a new mom is not easy. Your body has to heal. You have to learn to breastfeed and you now have another life…
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Estate Planning: What Happens after Happily Ever After?

I always have great conversations with my bookkeeper. Her name is Lihua. She lives close to me and was really just looking for a part-time role working from home and we clicked immediately. She’s been a stay at home mom for years to…
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How to Deduct Entertainment & Meal Expenses for Your Business

I am going to start off my blog post with some great news! First things first, I was finally able to do a rope climb! I’ve never in my life expected myself to be able to climb a rope and I did it this last Thursday! I expected it…
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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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Dividends vs. Salary: 5 Tips to Help You Choose How to Get Paid From Your Corporation

It’s not always easy to come up with a topic to write every week. Recently, someone suggested to me that I should write about how to teach finance to kids these days. I dragged on to write about this for weeks. Quite frankly, I couldn’t…
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How to deduct start up expense (coaching & membership) before purchasing a property

I recently joined the 5am club. You know how people say that all successful people start their day early – that is NOT the reason for me. I did it simply because – by looking at my daily routine with two kids, I feel that starting…
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4 Ways to Split Income with Lower Income Spouse & Family Members

Many of you have asked for it, and finally we are hosting an Incorporation Class on October 15th, Saturday at 9:30am in Oakville! For those of you who always wonder – should I incorporate to own my real estate portfolio, this is where you…
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Why Foreign Buyers Shouldn’t be Blamed for Rising Housing Prices

3 reps of 155lbs deadlifts! :) If you don’t know what deadlifts are, I’ve attached my own pictures here for your reference. :) (You can probably see that I was biting my lips for my final lift.) Honestly, 155lbs in the lifting world…
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How to Record a Proper AutoLog to Maximize Automobile Expense Deductions

I had an excellent week up north at a friend’s cottage. She recently bought a cottage so that her kids, raised in the city, could get to enjoy the outdoor and not be afraid of bugs and snakes and turtles. :) I got to slack off for a week…