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Posted by: Sanam Pasricha
In the event that you or your spouse are co-signing for a mortgage with your child or grandchild to assist them in qualifying for a home purchase and have also been listed on the title of the home, it is probable that a “bare trust” agreement exists. In such cases, it is necessary to file […]
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Filing taxes in Canada can be a complex and overwhelming task, especially with the ever-changing landscape of tax regulations and credits. To ensure a smooth and efficient process, avoiding common mistakes is crucial. This article explores several key pitfalls to steer clear of while filing your 2023 Canadian tax return, helping you maximize your potential […]
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The British Columbia government has introduced a new tax policy to tackle two critical issues in the province’s housing market: curbing short-term property flipping and increasing the availability of affordable housing. The policy, known as the BC Home Flipping Tax or the anti-flipping tax, will be implemented on January 1, 2025. It will apply a […]
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Looking to systematically expand your rental property portfolio? The BRRRR method in real estate offers a sound buy-and-hold strategy for growth. In this article, we’ll delve into the acronym, its advantages and drawbacks, and equip you with the steps to implement this approach. BRRRR stands for “Buy, Rehab, Rent, Refinance, Repeat” and it refers to […]
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Canadian financial markets have witnessed a dynamic and complex evolution in recent years, shaped by a confluence of global and domestic factors. From the ongoing battle against inflation to the volatility of equity markets, investors are faced with a challenging yet potentially rewarding environment. Rising interest rates affect Canadian Financial Market Immensely: The Bank of […]
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