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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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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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Happy Holidays: Your Last Tax Tip Before the End of the 2014 Year!

I can’t believe that it's almost the end of the year. I would like to start off with a 'thank you' to everyone who has made our lives special this year. Our biggest blessing this year is the arrival of our lovely daughter. She’s made our…
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Buying A New House or New Condo – What Do You Do With Your HST Rebate?

Hello fellow real estate investors and real estate agents, Many investors and clients prefer buying brand new houses for obvious reasons. Out of the stack of legal documents the buyers are asked to sign, one of them is a declaration that the…
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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…
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Become Best Friends with Your Accountant (And Happy Halloween!)

Robin was invited to her very first Halloween party this year. It is that time of the year, happy Halloween! Leaves are falling and temperature is dropping. Raptors just started their season! As an accountant, fall is considered down-time…
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Building Your Real Estate Team: What I Learned From Finding a Live-In Nanny

Hello to all you real estate investors and real estate professionals, I hope everyone had a wonderful Thanksgiving with their families this past weekend. Robin and I were at the Rock Star Inner Circle Member Event this past Saturday learning…
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Setting Goals: Discovering Your 'Big Why'

How many times have you set a goal at the beginning of the year? How many times did you start that goal, but over time you didn’t end up achieving it in any given year? I can’t even begin to recall the number of times that I set a goal…
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A Lesson Learned From My Broken Dishwasher

Our Samsung dishwasher had broken down a few days ago. I realized just how important this household appliance really was to my family once it broke. Having to hand wash dishes after every meal is just awful! In order to fix it I was trying…