Posts

How to Hire Your Children and Split Income Legitimately
It has been an exciting
week here at my household.
Both kids are off to school. Yep, both Robin and Bruce are officially in full-day Kindergarten.
We got a letter from his school about Bruce’s class placement. He didn’t get into…

How to Turn Cash Back Incentive into Tax-Free Money
Did you all have a
great long weekend?
Canada Day long
weekend is always special in our family.
My wedding
anniversary is on this weekend, while my son’s birthday is also close enough
that we all get to celebrate everything all at…

4 Shocking Tax Mistakes Killing Your Real Estate Investments
Rich Dad Poor Dad is the legendary book that got both Erwin and me started in the journey of real estate investing.
So, when my mother-in-law attended a Rich
Dad Poor Dad workshop in Hong Kong recently, I was surprised.
In the…

How to Write Off 100% of Your Car and Save $22,826 of Tax Immediately
Raptors won!
It was a nice surprise to hear “let’s go
Raptors” when they’re playing in Oakland, Golden State Warriors’ home court.
It gave me chills when I saw online that
there were a dozen of Raptors fan gather in Golden…

Why Cheat on Tax When You Can Get the Money Back Legitimately
It was such an exciting experience to
finally speak on Realtor Quest’s stage on Thursday.
I wouldn’t say that I was sharing a stage
with Gary Vaynerchuk, but hey, my picture is on the same page as his on the
promotional material!
Of…

Why Robert Kiyosaki said Everyone Needs to Know Accounting to Achieve Financial Freedom
Raptors won last
night at Game 5 and I’m in a great mood today.
When everyone
expected them to lose, they came out with a win in an away game at
Milwaukee. It’s almost as if we broke
the curse.
They didn’t start
off the series…

7 Best Back-Office Practices A Real Estate Investor Should Adopt – Part 2
It’s Ontario’s
budget date.
When the Federal
budget was released, the message from the Fed was to spend, spend and spend.
Ontario, however,
has a pre-budget message to cut, cut and cut.
Cutting taxes and
cutting…

7 Best Back-Office Practices A Real Estate Investor Should Adopt – Part 1
I saw this post a
while ago on my FB feed. A friend of
mine wanted to “stop” Doug Ford to cut OSAP.
It’s old news now, cutting teachers is the new news. 😉
Most of us only
read the news from its title/headline.
If…

Why I Learned from My Mistake (And Maybe You Should Too)
I made a mistake.
It’s sad but I made
a mistake.
It was the last
week of November. In a week or so, our family would be going on vacation in the
south.
Canadian winter is
hard to predict. Sometimes, you get snow
in…

The Ugly Truth About CRA HST New Housing Rebates
My dad, being the grandpa, hadn’t seen my kids for years, until last month.
My kids are just three and four years old, and they don’t know any better. When we go shopping at a store, they generally don’t ask to get anything.
When…