Rental Property Archives - Page 5 of 5

Five Steps to Quit 9 to 5 Job Using Real Estate

Five Steps to Quit 9 to 5 Job Using Real Estate

Last week, I had the liberty to sit down with my long-time mentor, Quentin D’ Souza. Quentin is a published author of 7 books, founder of Durham Real Estate Investment Club, and has over $120 million asset under management. We...

September 1, 2022

Tax Implication on Claiming Insurance on Property Damage

Have you ever suffered any losses from your rental property? A client of mine came to us with some unfortunate news. His rental property got completely burneddown. Thankfully, he was able to recover from the insurance company the replacement cost...

August 26, 2022

5 Questions to Ask Before Owning Real Estate in Corporation

This is the number 1 question I get asked as a Real Estate Accountant. The truth of the matter is that there isn’t a one size fits all answer. It goes back to your income level, risk tolerance, investment strategies,...

July 29, 2022

Articles Life Lessons Other tax issues Real estate investment Real Estate Investors Real estate rant Realtors/real estate agents Rental Property Tips

How To Deal With Nightmare Tenants

Tim Hong is a veteran real estate investment coach. He specializes in helping real estate investors get properties in the Kitchener Waterloo Cambridge area and is one of the coaches on the iWIN real estate team. Tim also owns investment...

July 15, 2022

How to Deduct Moving Expenses the Right Way

Articles Real Estate Investors Rental Property Tips

How to Deduct Moving Expenses the Right Way

Did you move this year? Or, are you planning to move this upcoming year? During the pandemic, a large number of Canadians have moved from the cities to the suburbs, trying to find more space in and out of their...

March 22, 2022

Articles Real Estate Investors Real estate rant Rental Property Tips

Airbnb Taxes Every Host Should Know

Are you wondering about your Airbnb taxes as a short-term rental’s host? Or are you in the market to sell your Airbnb, wondering about the tax implications associated with it? Last week I spoke to you about “HST Rebate on...

March 22, 2022

Avoid Capital Gains Tax When Moving To A Rental Property

Capital cost allowance Capital Gains Tax Other tax issues Principal residence Real Estate Investors Rental Property

Avoid Capital Gains Tax When Moving To A Rental Property

Capital Gains Tax and your Rental Property Are you worried about Capital Gains Tax when moving into your rental property as well? Recently, many of my clients have asked me about it. Some clients are in transition, staying in their...

January 27, 2022

Tax Implications of Refinancing Your Rental Property

HST rebate Other tax issues Real Estate Investors Rental Property

Tax Implications of Refinancing Your Rental Property

Over the years many real estate investors have questioned: What are the tax implications when I am refinancing a rental property? Let’s begin with looking at how refinancing works. Say you purchased a property 2 years ago for $500,000. Since...

December 29, 2021

5 Impacts on Transferring Rental Properties into a Corporation

Articles Corporation Real estate corporations Real estate investment Real Estate Investors Rental Property

5 Impacts on Transferring Rental Properties into a Corporation

Real estate investors usually start investing in their personal names. It’s easy, simple, and the cheapest form of ownership. Once they test the water, many of them decide that they will continue their investing journey. Some investors even take it...

November 9, 2017

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Category: Rental Property