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How Can You Use Your RRSP to Invest in Real Estate?

Many investors ask me how they can invest their money within their Registered Retirement Saving Plans (RRSPs) in real estate without collapsing the plans and incur a large amount of tax liability. (This article applies to Registered Education…
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How to Look at the ROI on Your Investment Property the Right Way

Recently, I had a few discussions with clients that complained about not getting sufficient cash flow from their investment. Cash flow may be one measure to evaluate your investment return, but you also need to take into account 2 other components: Mortgage…
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Earn Money by Preserving the Principal Residence Exemption Status of Your Home!

As real estate investors, I would assume the majority of us have read the book Rich Dad Poor Dad written by Robert Kiyosaki. It was the book that changed my life and my perspective on money. Being a Chartered Accountant, I was blessed to…
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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…
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Montreal Woman Gets Slapped by CRA: What You can Learn and Need to know from Her Shortcomings

Happy New Year everyone :) My family and I just came back from one week long vacation in Florida. Despite the flight delay which caused us to miss the cruise we were supposed to go on, the weather was fantastic and the Ft Lauderdale beach…
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Getting Hooked on Real Estate Investments: The Snow Ball Effect of Buying a Single Family Townhouse

It was fall of 2010. I was working crazy hours for a private label pet food manufacturing company managing their Thailand plants from Canada. I found the job stressful and tiring. It didn’t help that I had to commute from Richmond Hill to…
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Have You Saved Yet?: Looking at the Ontario Retirement Pension Plan in Comparison to Real Estate Investing

Have you saved today yet? If not, don’t worry. The Ontario government will help you! Our liberal Premier decided that they would help Ontarians save for their retirement by implementing something similar to the Canada Pension Plan, called…