Other tax issues Archives - Page 15 of 20

How to Calculate Tax Payable on the Sale of Your Rental Properties?

Update: 2021-11-25 Recently, my clients have been asking a lot of questions about Capital gains tax and rental property. I have addressed some of the most commonly asked Q & A’s in this new post along with a youtube video....

August 11, 2016

Top 6 Considerations When Buying a Rental Property in Your Adult Child’s Name

Other tax issues Real estate investment

Top 6 Considerations When Buying a Rental Property in Your Adult Child’s Name

I always knew I wanted to go to University of Waterloo, despite my parents don’t really know much about it at the time. My dad lives in Hong Kong. All he had heard of was University of Toronto. I always...

August 4, 2016

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

Other tax issues Real estate corporations

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...

July 27, 2016

New Residential Housing Rebates: Be Aware of These Recent Court Cases!

Other tax issues Real estate rant

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...

July 14, 2016

4 Tips to Organize Your Books and Records to Protect Yourself from a CRA Audit

Other tax issues Real estate rant

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....

July 7, 2016

Other tax issues Real estate rant

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,...

May 6, 2016

Discover 4 Little Known Exceptions to Deducting Repairs & Maintenance Expense and 3 Common Real Life Examples

Other tax issues Real estate investment Small business and real estate

Discover 4 Little Known Exceptions to Deducting Repairs & Maintenance Expense and 3 Common Real Life Examples

Before the last blog post about the Federal budget update, we discussed the tax difference between repairs and capitalized expense. We also discussed the criteria used by CRA to evaluate whether an expense is considered current or capital in nature....

April 7, 2016

5 Federal Budget Changes that Real Estate Investors Should be Aware Of

Other tax issues Real estate rant

5 Federal Budget Changes that Real Estate Investors Should be Aware Of

Last week, the Trudeau government came out with their budget for the first time. As a mother of two, I get upset at any tax and benefit cut against our children. There is no more Child Fitness Tax Credit (currently...

March 31, 2016

Dream Big! And What Every Real Estate Investor Ought to Know About Repairs & Maintenance Expense (Part 2)

Other tax issues

Dream Big! And What Every Real Estate Investor Ought to Know About Repairs & Maintenance Expense (Part 2)

As a mother of two children under the age of 3, a small business owner, and a real estate investor, I often find myself lacking the time to read. Audiobooks are a life saver. It is the only way I...

March 24, 2016

What Every Real Estate Investor Ought to Know About Repairs & Maintenance Expense (Part 1)

Other tax issues

What Every Real Estate Investor Ought to Know About Repairs & Maintenance Expense (Part 1)

Hope everyone’s enjoying the spring-like weather in the middle of March. My children are definitely enjoying spending their time outdoor at the park rather than being stuck at home all day long. 🙂 Bruce even got to go on a...

March 17, 2016

1 2 … 14 15 16 … 19 20

Category: Other tax issues

How to Calculate Tax Payable on the Sale of Your Rental Properties?

Top 6 Considerations When Buying a Rental Property in Your Adult Child’s Name

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

New Residential Housing Rebates: Be Aware of These Recent Court Cases!

4 Tips to Organize Your Books and Records to Protect Yourself from a CRA Audit

5 Lessons I Learned from My 13th Tax Season

Discover 4 Little Known Exceptions to Deducting Repairs & Maintenance Expense and 3 Common Real Life Examples

5 Federal Budget Changes that Real Estate Investors Should be Aware Of

Dream Big! And What Every Real Estate Investor Ought to Know About Repairs & Maintenance Expense (Part 2)

What Every Real Estate Investor Ought to Know About Repairs & Maintenance Expense (Part 1)

Sign Up for Our Newsletter

About Us

Free Resources

Get Your Copy Here

Get Your Copy Here