Case Study on Buying vs Leasing a Vehicle
Did you hear, Hertz ordered 100,000 Tesla Model 3 cars, despite the fact that Elon Musk, founder of Tesla, tweeted that there’s no deal? As some of you know, I have been planning to buy a Tesla at the end...
Fixed or Variable: if Bank of Canada Increases Rates 8x in the Next Two Years?
A couple of weeks ago, Financial Post released an article that says Scotiabank sees eight Bank of Canada interest rate hikes by end of 2023. 8 interest rate hikes! Yikes! As a real estate investor myself, I couldn’t help but...
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...
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 Turn Cash Back Incentive into Tax-Free Money
Did you all have a great long weekend? Canada Day long weekend is always special in our family. My wedding anniversary is on this weekend, while my son’s birthday is also close enough that we all get to celebrate everything...
4 Shocking Tax Mistakes Killing Your Real Estate Investments
Rich Dad Poor Dad is the legendary book that got both Erwin and me started in the journey of real estate investing. So, when my mother-in-law attended a Rich Dad Poor Dad workshop in Hong Kong recently, I was surprised. ...
How to Write Off 100% of Your Car and Save $22,826 of Tax Immediately
Raptors won! It was a nice surprise to hear “let’s go Raptors” when they’re playing in Oakland, Golden State Warriors’ home court. It gave me chills when I saw online that there were a dozen of Raptors fan gather in...
Why Cheat on Tax When You Can Get the Money Back Legitimately
It was such an exciting experience to finally speak on Realtor Quest’s stage on Thursday. I wouldn’t say that I was sharing a stage with Gary Vaynerchuk, but hey, my picture is on the same page as his on the...
Why Robert Kiyosaki said Everyone Needs to Know Accounting to Achieve Financial Freedom
Raptors won last night at Game 5 and I’m in a great mood today. When everyone expected them to lose, they came out with a win in an away game at Milwaukee. It’s almost as if we broke the curse....
End Game: 5 lessons learned from this tax season
I did somehow to squeeze a night out to watch the End Game. I was caught off guard by the ending. Like everyone else, my small logical mind was trying to make sense of the storyline. Oh well, I am...