![Top 10 Deductions a Real Estate Investor Should not Miss [Revisited]](https://realestatetaxtips.ca/wp-content/uploads/2018/02/taxes-featured-1.jpg)
Top 10 Deductions a Real Estate Investor Should not Miss [Revisited]
2018 is an exciting year. I shared with all of you in an earlier blog post about my ‘why’, my reason for doing all that I do, which is to be the best I can be. To do this with...
Is a new roof a one time write off or a depreciable expense?
My mom messaged me last week asking for an opinion on her loan arrangement. She is buying another parking spot in the condo complex that she currently has a rental unit. The whole plan is that my parents will be...
How to Protect Your Asset Using a Corporation
A Corporation is considered a separate legal entity. It files its own tax return and can operate its own business. It can also be sued. One of the main reasons why an investor would incorporate is that they are concerned...
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...
How to Deduct Home Office Expenses for the Self-Employed
(Our last group workout at Radix Performance in Oakville. Source.) A few of my friends become first time moms recently. Being a new mom is not easy. Your body has to heal. You have to learn to breastfeed and you...
Right And Wrong Things To Do Paying Your Contractors Cash
Hello fellow real estate investors, With the Raptors’ first ever win in the Eastern Conference final, I had been spending my post tax season vacation time visiting my families and friends in Hong Kong with my two babies. It’s nuts...