Posts

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…

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…

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. …

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 BIG…