We all care for our kids, and many parents intend their children to inherit their homes, so that the wealth stays in the family. This is a natural desire, and very commendable. It seems so natural, in fact, that most people can’t even imagine the tax and inheritance traps that lay in wait for this …
Common Tax Mistakes to Avoid When You Want the Kids to Inherit the House Read More »
Writing a will is a very personal subject and often involves a lot of considerations about property and heirs. The process can be made even more difficult because of legal issues, taxes, and various hidden aspects of how the law handles property inheritance in Ontario. This leaves several factors that need to be considered when …
The first question everybody asks is, do you pay tax on inherited property? The answer is, not exactly. Canada Revenue Agency will consider any money the deceased had previously owned as part of their estate, and deduct a tax from the overall estate value. This usually means that there is no additional taxation on any …
Canada Inheritance Tax and What it Means for Your Inherited Assets Read More »
The GTA and Toronto real estate market is continuing its upward trend, according the Toronto Real Estate Board’s Market Watch for May 2016. Both total number of home sales and prices are up across the board. The big news – 15% overall increase in home prices The MLS® Home Price Index Composite Benchmark was …
Upswing for Home Prices & Sales in May 2016: Toronto Real Estate Board Read More »
A community thrives on its occupants coexisting, but even when neighbours get along with one another there will always be disagreements. When it comes to fences and your rights and responsibilities as a property owner there can be some confusion and it is important to know where you stand regarding the construction of new fences …
Fence Damage, Construction and Maintenance: Who Pays? Read More »
Toronto real estate is measured by the Toronto Real Estate Board (TREB) monthly Market Watch report. Investors, buyers and sellers all monitor TREB Market Watch to inform their buying and selling decisions. Combined sales for Q1 of 2016 (January, February and March) saw a strong double-digit increase of 13.6 per cent in all types of …
The State of the Toronto Real Estate Market: January-April 2016 Read More »
Investing in Toronto commercial real estate can be very profitable, if done right. It can be a solid long term investment, yielding handsome monthly profits, if it’s chosen well and run by a reputable Toronto commercial property management company. The list of factors to make it a successful investment includes the property itself, the management …
If you are looking to sell your residential real estate property in Toronto, you are looking at a seller’s market, but the deal you get still depends on how you go about it. You can always get less if you don’t try hard enough, and much more if you make the effort. As experts in …
Get Best Deals on your Residential Property In Toronto Read More »
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