Retiring on Real Estate
Real Estate is still the best retirement option you can find out there. Erwin and I are a very fortunate couple. In the past few years, we have been able to enjoy a week with our family at our friends’...
Estate Planning Tip: Be Aware of these Pitfalls Using this Strategy to Avoid Probate & My Miracle Morning Routine Revealed
I listened to the audiobook The Miracle Morning written by Hal Elroy. It was nothing that I didn’t hear before, but it serves as a great reminder for me to continue my early morning commitment. Recently I have been slacking...
You Need to Use the ‘5 Second Rule’ to Get Anything Done & Here’s Why the 15% Foreign Buyers Tax Won’t Work
Many of you have probably heard about 5 second rule before. Usually it is related to dropping food on the floor, but if you pick up the food within 5 second, you can still eat it. The 5 second...
Little Known Tax Impact of Refinancing Your Properties
“Some people dream of success while others wake up and work hard at it” ~ Napolean Hill. Although I didn’t grow up in a wealthy family, my parents worked extremely hard to provide everything we wanted in our lives for...
How to Lower Your Taxes by Distinguishing Between Capital Gain and Income
Over the years, I’ve met a few people that would be so concerned about paying taxes that they would not invest at all. I also have a few people who put so much attention into deducting personal expenses even though...
Estate Planning: How to Lower Your Estate Tax Using this One Strategy
Happy 2017! I have had quite a dramatic end to 2016. As a real estate investor, it’s often considered the worst nightmare that you find out your rental property got flooded in between the holidays. That’s exactly what happened to...
Estate Planning: What Happens after Happily Ever After?
I always have great conversations with my bookkeeper. Her name is Lihua. She lives close to me and was really just looking for a part-time role working from home and we clicked immediately. She’s been a stay at home mom...
How to deduct start up expense (coaching & membership) before purchasing a property
I recently joined the 5am club. You know how people say that all successful people start their day early – that is NOT the reason for me. I did it simply because – by looking at my daily routine with...
5 Reasons Why You Should have Separate Bank Accounts for Business/Investment
Be grateful. Hussle. Work hard. “Beneath every excuse is a fear. Fears are bravery training.” “Small daily improvements over time lead to staggering result.” “#1 reason to make a massive amount of money is philanthropy.” These are a handful of...
4 Ways to Split Income with Lower Income Spouse & Family Members
For those of you who always wonder – should I incorporate to own my real estate portfolio, this is where you get to know all the answers! All proceeds less the cost involved will be donated to Hamilton Basket Brigade...