End Game: 5 lessons learned from this tax season
I did somehow to squeeze a night out to watch the End Game. I was caught off guard by the ending. Like everyone else, my small logical mind was trying to make sense of the storyline. Oh well, I am...
The End Game: How to retire using real estate investments
No, I haven’t watched the End game yet. I am excited about it and we got tickets for next week, but I have not watched it yet. ? But it’s such a perfect name for today’s blog post. Recently, I’m...
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 funding for schools and...
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. Most of us only read the news from its title/headline. If you see the title of Doug...
Quit Your Job With Just Two Rental Properties
It was Erwin’s birthday the past weekend. He just turned 40. We went out with a bunch of friends to this place that we could do archery, throw some knives and axes as well, it was so much fun! His...
The Quickest and Easiest Guide to Understand 2019 Federal Budget for Real Estate Investors
I walked into a Rogers store this week looking for a new phone. I had been using Blackberry KeyOne for the last year and a half. The phone is still great, but it just doesn’t give me much flexibility doing...
How a 220sf Condo Got 724% Return in 5 Years
It’s March break. Between losing one hour of sleep and driving the kids around, I’m deep into tax season reviewing files and answering clients’ questions. It’s busy and difficult. We’re super grateful that the local Burlington Mall has so many...
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,...
Do You Recognize These Six Tax Changes for 2018?
Have you ever heard of the term Fear of missing out (aka FOMO)? FOMO is part of the reason why most of us are so addicted to social media. We’re worried that we’re missing out something, which for the most...
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...