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New Residential Housing Rebates: Be Aware of These Recent Court Cases!

I didn’t grow up with money. My family was relying on a lot of government help when I was young. We first got into temporary housing; a similar style to townhouses, except that they were built with metal and they were tiny. We applied…
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4 Tips to Organize Your Books and Records to Protect Yourself from a CRA Audit

I had an opportunity to sit down with a very inspiring lady yesterday. She’s Chinese, grew up in Singapore. She left Singapore in her early 20's to pursue a dream in Canada. She and I shared a very similar background. She’s the second…

How To Support Your Parents and Finance Your Children’s Education with Your Rental Portfolio

Many of our friends know that we are real estate investors. Some of them ask us what we do, but very few of them actually take any actions. We don’t go around and tell our circle of friends what we do all the time. At the end of the day,…
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How to be Mortgage Free Before Age 30?

Three life lessons I wished I knew in my twenties. I studied the accounting program at University of Waterloo, one of the best in the country. The thing I love about this program is that it offers the opportunity for us to work in a real…
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5 Lessons I Learned from My 13th Tax Season

Erwin and I were at Game 2 of the Raptors against Miami Heat series. Oh, it was so much fun! Our star players were still not playing at the same level as how they used to at the regular season, but a win is a win! And we were so happy to…

How to Deduct Real Estate Education Courses and Membership Fees the Right Way

This is an exciting week. Other than the fact that this marks the 3rd last week of tax season this year (woo-hoo!), it is our first time having a booth at Real Estate Investment Network’s Real Estate Strategies Opportunities Solutions (Real…
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5 Federal Budget Changes that Real Estate Investors Should be Aware Of

Last week, the Trudeau government came out with their budget for the first time. As a mother of two, I get upset at any tax and benefit cut against our children. There is no more Child Fitness Tax Credit (currently $1,000 maximum x 15%…
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How to Deduct Capital Cost Allowance in the Most Tax Advantageous Way?

I used to be afraid of public speaking. It made me sick just thinking about speaking to a crowd. Last Saturday I spoke at the Rock Star Member Event. There were 600 people in attendance! Amazing crowd as always! I was nervous at the…

Build A Successful Life You Can Be Proud Of

I had the pleasure to work with this young couple who just opened up their first business, a Freshii franchise located at Rutherford Rd and Bathurst in Vaughan. This couple inspired me. They are young, they are energetic and they don’t…
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What Everybody Ought to Know about Property Flipping Taxation

I saw this interesting article written by The Vancouver Sun last Friday. It talks about the Canada Revenue Agency’s inability to go after the flippers for unreported income, which could be one of the causes for skyrocketing housing prices…