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...
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...
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 and demand. High...
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...
![Top 10 Deductions a Real Estate Investor Should not Miss [Revisited]](https://realestatetaxtips.ca/wp-content/uploads/2018/02/taxes-featured-1.jpg)
Top 10 Deductions a Real Estate Investor Should not Miss [Revisited]
2018 is an exciting year. I shared with all of you in an earlier blog post about my ‘why’, my reason for doing all that I do, which is to be the best I can be. To do this with...
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....
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 agent...
Judge Provides Interesting Comments During a Court Case on Unreported Condo Sale
I am not perfect. I am far from perfect. A client of mine and I were in a self-learning seminar earlier this week. I shared part of my everyday struggle with the group. At the end of the session, she...
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 Southern Ontario....
Happy Holidays and Update on Proposed Tax Changes
Today is December 22! 9 days before end of the year. We spent last week “vacationing” on a cruise with two young kids, my mother in law and our Italian mother Maria. We booked this cruise a year ago...