Canadian Real Estate
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The Secret of Understanding Canadian Real Estate Market

A single parking space in Hong Kong has sold for $765,000 according to this Toronto Star article. $765K Canadian Dollars! My parents bought a couple of parking spots in Hong Kong for self-use for $367K late last year. Of course, my parents’…
buying Pre-construction Homes
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Case Study Follow Up: 5 Lessons Learned from Lily Buying MULTIPLE Pre-construction Homes

This is a special week for our family. We got to celebrate Fathers day with my father-in-law. We got to welcome the family of Sharmein, who’s our kids’ nanny, to our house. They arrived Tuesday evening. Sharmein understandably…
UNPAID TAXES
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5 Lessons Learned From $600 Million Unpaid Taxes

I hope everyone had a great May long weekend. We spent our weekend at one of our favourite cousin's wedding. My kids were the ring bearer and flower girl. They had never been to a wedding before, let alone being part of the party.…
3 Investment Tips Every Real Estate Investor Can Benefit From
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3 Investment Tips Every Real Estate Investor Can Benefit From

This past week went by fast. It was a fun filling weekend with my mom and my family. We took the kids to a Pirate show downtown Toronto. We even got my mom, who's usually serious, to dress up! My mom is my superhero. She's inspired me…
Tax Questions
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6 Common Tax Questions Asked by Top 200 Realtors & Investors

Happy Mother's day to all of you. It's a special year this year. I finally got to spend my mother's day with my mom, the superhero in my life. 😊 She's in town to visit for a week, spending some quality time with us and enjoying…
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Case Study: 5 Lessons Learned From Lily Buying a Pre-Construction Detached Home

I guess I wrote a somewhat controversial blog post last week, causing a few comments on the Facebook. For the parents out there with young kids, I want to make this point clear – I am not opposed to free daycare.   I have two young…
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Top 10 Deductions a Real Estate Investor Should not Miss [Revisited]

2018 is an exciting year. I shared with all of you in an earlier blog post about my 'why', my reason for doing all that I do, which is to be the best I can be. To do this with my accounting practice, I’ve made some plans to provide…
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Tax Implication for Giving Incentives to Attract Tenants

If you read news, you would have noticed the massive coverage on the recent ruling against the Former USA gymnastics doctor Nassar.   If you don’t know already, he sexually assaulted and molested girls that were on the USA Olympic team.…
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8 Factors to Consider Before Becoming a Commercial Plaza Landlord

I used to do property management for a few commercial plazas. They are mostly located outside of Toronto.  One of them happened to be in Burlington. Because the operation was small, I did everything.  From rental contract, real estate…
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2 Strategies to Reduce Your Capital Gain Tax at Year-End

Recently I finished listening to the book Leaders Eat Last written by Simon Sinek. There's a lot of great advice, as usual, by Simon.  But one of the ideas that sticks with me the most was his comment about American politicians in the past…