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The Quickest and Easiest Guide to Understand 2019 Federal Budget for Real Estate Investors

I walked into a Rogers store this week looking for a new phone.  I had been using Blackberry KeyOne for the last year and a half.  The phone is still great, but it just doesn’t give me much flexibility doing videos. I searched…
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Do You Recognize These Six Tax Changes for 2018?

Have you ever heard of the term Fear of missing out (aka FOMO)? FOMO is part of the reason why most of us are so addicted to social media. We’re worried that we’re missing out something, which for the most part, is nothing. This…
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How to Split Income From Your Real Estate Portfolio Under the New Income Splitting Rule

Happy Valentine’s day everyone! It has been quite a week getting back from the sunny south to this winter wonderland. I just had a great conversation with my tax mentor, a retired partner at Deloitte to discuss the possibility of…
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3 Short Videos on How to Pay Less Tax and Stay on the Right Side of the Tax Man

Snowstorms, extreme cold weather alerts, school closures, kids sick… those are just a few things that we, Canadians, have battled with this past week. Kids ain't afraid of the cold. Had so much fun making snow angel and sleeping in the…
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You Don’t Have to Buy a Jet like Grant Cardone to Avoid Paying Tax

I listened to Grant Cardone’s book the 10X Rule: The Only Difference Between Success and Failure.  It was intriguing.  His idea was that we could set a goal a lot higher than what we think we could achieve, and you could still…
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Grow Real Estate Portfolio and Get Asset Protection Without Losing Sleep at Night

It was Saturday morning and I was still sore very sort from the work out the previous week. I started browsing the yoga classes schedule available to do some stretching and realized that there was a kids’ yoga class for 5 years old and…
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A Simple Way to Minimize Taxes That Works for Airbnb Owners

New year resolution is tough. Waking up early is tough when you have an event the previous night. I’m already falling off the waggon on the 2nd week of January. But… it was a lot of fun doing a presentation on Airbnb.  I spent…
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How to Build a Successful Real Estate Business You Can Be Proud of

I’m a real estate investor and an entrepreneur. For each property/business I’m in, there’s always a setup period. Some are longer than the other. I was making less than 5 figures for the first 2 to 3 years. I was making all the amateur…
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6 Simple Ways to Create Freedom that Works for Real Estate Investors

I had a rare and candid business conversation with my dad and Erwin one night. He asked us about our numbers and how our businesses are structured. He was fascinated that we could be away for two weeks while our businesses are still running…
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The Danger of Reporting Multiple Years of Losses

A couple of months ago, I met with a real estate investor for an initial consultation. As part of the process, I asked him what his long-term goals are.  He said, “I would like to give up my job one day to volunteer full time and give…