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...
7 Best Back-Office Practices A Real Estate Investor Should Adopt – Part 2
It’s Ontario’s budget date. When the Federal budget was released, the message from the Fed was to spend, spend and spend. Ontario, however, has a pre-budget message to cut, cut and cut. Cutting taxes and cutting funding for schools and...
Do You Recognize These Six Tax Changes for 2018?
Have you ever heard of the term Fear of missing out (aka FOMO)? FOMO is part of the reason why most of us are so addicted to social media. We’re worried that we’re missing out something, which for the most...
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...
Where Ultimate Asset Protection is And How To Get It
Being an entrepreneur is such a weird thing. It’s a blessing and a curse all at once. It’s a curse because it is a lot of hard work. It’s all about hustle. It’s a blessing because it pushes you to...
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...
Answered: Your Most Burning Tax Questions About Building a New House
In today’s blog, I’m going to be going over all the tax-related questions I’ve seen asked regarding building a new house from scratch. You might be looking into your local residential building contractors to see who can help you build...
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...
Contractors: 3 Business Tips to Take Your Business to the Next Level
My dad is a general contractor in Hong Kong. My brother works for him as a project manager. My dad loves to share with me how much business he has completed in the last year. He loves to talk about...
5 HST Planning Tips for Developers and Builders
This summer has been tough. A close client passed away suddenly at the age of 52, leaving his wife, his children, his family, friends and JV partners all in shock. At the visitation of his funeral, packed with his friends...