When you enter the real estate game, where the score is counted in dollars, you understand it’s important to spend less and earn more. In short, the bigger your positive cash flow is, the better. Toronto has a great many amazing properties that will yield just that – if managed properly. The overall value will …
Protect Your Real Estate Investment By Hiring A Professional Property Manager Read More »
Rising real estate costs have been an issue in many heavily populated areas of Canada. In an attempt to combat this, British Columbia now has a 15% tax on any real estate transactions made by non-Canadians. While it will take much more time before it becomes clear whether or not this was an effective measure, …
The Implications of Taxing Foreign Buyers in Ontario Read More »
Passing down real estate in Ontario is relatively painless, if you are only transferring one property. However, if you are passing down multiple properties, you may want to talk to a financial planner and/or a tax accountant to get the best advice on what to do for your estate. Taxation Implications for a Principal Residence …
How Taxes Work on Real Estate Inheritance in Ontario Read More »
The two conventional ways of investing in real estate and finding investment opportunities, are finding them yourself or hiring a real estate agent for investment. Now there’s a third, and it’s far better option. When you use your property manager as your investment guide, you enjoy services that go far beyond what a real estate …
Make Safer Real Estate Investments Through Your Toronto Property Manager Read More »
If you are inheriting or passing down property in Ontario, the regulations and taxation surrounding it will be impacted depending on if it is a rental property, principal residence, vacation property or commercial property. Primary Residence and Vacation Properties If a property being passed down is the primary residence of the deceased, it …
Inheriting or Passing On Different Property Types in Ontario Read More »
Being an estate executor is usually a thankless job – and it’s definitely a job. If you have taken on the mantle of executor for a family member, there are a few things you should know about dealing with real estate. New rules went into effect in 2015 If you’re trying to manage being …
There comes a time in the experience of any inversor, when the workload of managing your properties becomes a bit too much. The more properties you have to manage, and the wider they are spread across Toronto, the harder this balancing act becomes. Even ruling out bad scenarios and only considering day-to-day routine operations, it …
What A Toronto Property Management Company Can Do For You Read More »
It’s the same old song and dance in Toronto real estate as it has been since the beginning of 2016 – the number of transactions is up, the average house price is up, and the supply of listings is down. Due to this continuing trend, we are in a seller’s market for anyone thinking …
Transactions up, Supply Down: June Toronto Real Estate Market Read More »
If you have a family cottage, it’s probably the home of treasured memories for generations of your family. But with rising property taxes, children having families of their own and general upkeep costs, passing it down may seem like more of a dream than a reality. But it can be done with careful estate planning. …
Keeping Your Cottage in the Family – Can it Be Done? Read More »
If you’ve inherited property in Ontario, there are many potential implications to consider for your taxes and your finances, especially if it was a surprise inheritance and you haven’t had time to properly plan for it. We’ll walk you through some of the steps you need to take. Step 1 – Get a professional …
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