The Ugly Truth About Canadian Tax System
Earlier in the summer, I got a bike trailer to replace my double stroller so that we could take our kids around using our bikes. Riding bike was something I did all the time when I was a teenager. We...
8 Ways to Increase Cash Flow from Real Estate Portfolio
I work exclusively with real estate investors and real estate agents. We all believe that real estate investing is a long-term investment vehicle. Most of us start by refinancing our own home, pull out some equity (borrow against our house),...
4 Most Asked Questions About Travel Expense Answered!
This week, I’m in the wonderful city of Edmonton. In my line of work, I don’t get to travel very often. We may travel to attend conferences, but rarely we need to leave the comfort of our own home to...
The Proven Cash System That Works With All Entrepreneurs
On Wednesday, I got to attend a local Entrepreneur Organization Accelerator training day. Entrepreneur Organization (EO) is a global entrepreneur network that helps small business owners to grow through networking and peer to peer learning. Participants need to have a...
How to Hire Your Children and Split Income Legitimately
It has been an exciting week here at my household. Both kids are off to school. Yep, both Robin and Bruce are officially in full-day Kindergarten. We got a letter from his school about Bruce’s class placement. He didn’t get into...
The HST Risk Hiding in Converting Commercial to Residential Units
Do you feel a bit chilly these days? It’s last week of August and we’re already at the low twenties. Robin, my older kid, is counting down her days to start her Senior Kindergarten year. I hope she would still...
Why Incorporate When You Can Invest in RRSP?
You may have already known, I am an accountant. This means that I have to look at numbers all the time. I have always been equipped with two monitors, one from my laptop and one extra monitor. Recently I had...
5 Reasons Why My Airbnb Doesn’t Generate As Much Income As Others
Airbnb is a great way to earn extra money. It has become some of my clients’ side hustle. A few of my clients become full-time Airbnb operators. We’ve heard how great Airbnb is and I’ve seen some crazy numbers. One...
How to Pay Zero Personal Tax and Receive $30K Income Every Year
The first time I’ve heard of Jesse Itzler was at the Grant Cardone 10x Event earlier this year. Erwin and I were so fascinated by his speech and I immediately ordered his New York Times Best Selling book, Living with...
How to Use Buy Renovate Refinance Rent (BRRR) Strategy to Make 1.5 Million in 2 Years
We’re up north with the kids this week. My best friend, Monica, shared with me how great her experience with the YMCA Pine Crest family camp was, Erwin & I decided to sign up. We barely made the cut, as...