Posts

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7 Questions to Decide Whether You Should Incorporate (Part 2)

Irene, a long time friend of mine, came by to visit a couple weeks ago. Together with Jason, we were in the same study group when we wrote the Uniform Final Exam (UFE) 10 years ago! We all graduated from the same Bachelor of Mathematics…

7 Questions to Decide Whether You Should Incorporate (PART 1)

Corporations provide a lot of flexibility in tax planning but the immediate cost to setup and maintain can sometimes be difficult to bear, especially for new investors who barely make any cash flow from the properties. Whether you should incorporate…
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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,…

The Amazing Secrets of Deciding to Take Out Your RRSP Money to Buy Properties Revealed!

It was a beautiful weekend full of love. We spent Saturday hosting the monthly Mr. Hamilton meeting at Rock Star Brokerage’s office. We then spent a weekend with our families celebrating Father’s Day. Erwin, my husband, and his team…
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How to Make More Money by Paying Higher Interest Rates on Your Incorporated Rental Portfolio

One of the main complaints about owning your rental portfolio in a corporation is the increased interest rate, as compared to owning them in your own name. Of course, there are a few ways to get around this problem. If you work with a…
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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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Right And Wrong Things To Do Paying Your Contractors Cash

Hello fellow real estate investors, With the Raptors’ first ever win in the Eastern Conference final, I had been spending my post tax season vacation time visiting my families and friends in Hong Kong with my two babies. It’s nuts…
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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…