Posts

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The HST Risk Hiding in Converting Commercial to Residential Units

Do you feel a bit chilly these days?It's last week of August and we're already at the low twenties. Robin, my older kid, is counting down her days to start her Senior Kindergarten year.  I hope she would still look forward…
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5 Reasons Why My Airbnb Doesn’t Generate As Much Income As Others

Airbnb is a great way to earn extra money.  It has become some of my clients’ side hustle.  A few of my clients become full-time Airbnb operators.We’ve heard how great Airbnb is and I’ve seen some crazy numbers.One…
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Tax Man Doesn’t Want You to Read This Court Case

Recently, I saw a headline, “Condo flippers beware: The taxman is watching you, and has new tools at his disposal to ‘take action’” on Financial Post.It’s an interesting case as the court sided with the taxpayer’s position. …
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The Guide to Airbnb taxation to Real Estate Investors

Last week I finally found a place in Florida to stay for our February trip.Last year, we planned a cruise trip. Like all the cruise trips we had been on, we booked an early flight to Fort Lauderdale the day the cruise set sail.I am a…