end of tax season

End of Tax Season- 3 Quotes to Keep You Motivated as an Entrepreneur

Today is April 20, 2018, 10 days away from the end of 2018’s tax season. Instead of talking about tax and accounting (which I am getting a bit sick of at this point 😉 ), I want to take this opportunity to thank my team, who’s the most…

3 Key Steps You Should Take Before Quitting Your Job (or Facing Any Obstacle)

A couple days ago, I had an consultation with a new client. He works as a teacher and he’s debating whether he should leave his job. He loves teaching but he hates all the politics around the job. Hence, he has a few properties on…
income tax act

BEHIND THE INCOME TAX ACT: WOW! The Tax Secret Only Small Business Owners Can Enjoy

I was doing my usual class at Rock Star Real Estate Brokerage this past Saturday. As I was discussing the new Federal tax changes to small businesses and how it could affect some of the real estate investors, one person mentioned the upcoming…
federal budget 2018
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Important Update on the Federal Budget 2018

I went to a conference in sunny San Diego for a few days last week. Like all the other conferences that I have been too, I learned a lot. Some are life lessons from Damon John and Dave Asprey, some are technical skills from various experts.…

7 Land Development Tips for Real Estate Developers

It takes some courage to say no.  Sometimes, it may mean saying no to potentially some good money and a lot of fun. One of my best friends is an accountant (surprise, surprise! LOL). For years, I would share with her what I do with…
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6 Tax Tips That Flippers or Renovators Should Not Miss

With the 1 million immigrants coming to Canada in the next 3 years (historically about 40% come to Ontario), it’s almost inevitable that we'll have housing shortages and crazy rental increases. It’s basic economic principal – supply…
7 bookkeeping mistakes
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7 Bookkeeping Mistakes a Real Estate Agent (and All Taxpayers) Should Avoid

Many people asked me how I did it – writing blog posts every single week for the last 3.5 years, accumulating over 150 blog posts today.  Trust me, it hasn’t been easy. I look everywhere for materials that can be relevant to my followers,…
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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…

Be the Best You Can Be in 2018

Wow, it’s already 2018. We were busy over the holidays.  Our small charity had delivered food baskets to another 300 families.   In 2017 alone, this small charity that we started had delivered to more than 900 families across…