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...
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...
3 Short Videos on How to Pay Less Tax and Stay on the Right Side of the Tax Man
Snowstorms, extreme cold weather alerts, school closures, kids sick… those are just a few things that we, Canadians, have battled with this past week. These are the moments that I am grateful for technologies, such as online meeting apps and...
Grow Real Estate Portfolio and Get Asset Protection Without Losing Sleep at Night
It was Saturday morning and I was still sore very sort from the work out the previous week. I started browsing the yoga classes schedule available to do some stretching and realized that there was a kids’ yoga class for...
6 Simple Ways to Create Freedom that Works for Real Estate Investors
I had a rare and candid business conversation with my dad and Erwin one night. He asked us about our numbers and how our businesses are structured. He was fascinated that we could be away for two weeks while our...
How to Pay 13.5% Small Business Tax on Rental Income
Did you see this headline – “Liberal government writes off $1.1B US loan, plus interest, docs show” on MSN.com? Federal government wrote off a loan made to Chrysler during the 2009 global economic meltdown. I believe in making progress in...
How to Maximize HST Claims When Purchasing a New Vehicle
My cousin got married in May 2016 in Hong Kong. Robin was 2.5 years old, and Bruce was 10-month-old at the time. We would have cramped in a less than 800 square foot condo one bathroom with a total of...
6 Little Known Facts About Structuring Joint Venture Deal in Real Estate
Back to school week! My daughter is in Junior Kindergarten this year. Since she had been in half day daycare five days a week last year, I didn’t expect to get emotional when she’s off to the full-day kindergarten on...
Four Powerful Reasons You Should Hire Professionals to Setup Corporation
Happy belated Canada Day. I always feel extremely blessed on Canada Day. I immigrated to Canada 20 years ago, have been a citizen for about 16 years now. I am blessed to live in this country, enjoy the natural beauty...
7 Steps You Must Take When Setting Up a New Corporation
Thursday is the election day in Ontario. It is so disheartening to see how much “new spending” is promised across all parties. Liberals don’t look like they have a chance, but the options remaining aren’t any better. This Global &...