Posts

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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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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 Become Financially Secure When You’re Not a Millionaire

It’s 2019. As an entrepreneur, I just completed my annual goal review and goal setting exercise. One of the things I noticed from my review was that I had been lazy in 2018 – didn’t follow much of my regular morning routine. …
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How You Can Lower Your 2018 Tax Bill Almost Instantly

As we’re approaching the end of 2018 and I’m still scrambling to complete my Xmas shopping,  I am going to make this blog post short and sweet. :) I am going to leave you a couple of tax tips you may want to consider (rush to do)…
New home tax
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Answered: Your Most Burning Tax Questions About Building a New House

November was a fun month. We attended my brother’s wedding in Hong Kong, and we got to spend a week with a bunch of close friends on a 7-day cruise. As always, I’m incredibly grateful for the help of my team to allow me to take a long…
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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…