Canadians get a big break when we sell our homes. Complaining about taxes is almost a sport in Canada, especially when we look to our U.S. neighbours for comparisons. But there are some areas in which we actually win the tax race, and one of these is our Principal Residence Exemption provision. Americans, for example, [...]
Archive for the 'Real Estate' Category
Filed under Growing Your Wealth,Investing,Real Estate
Saving Tax Dollars with the Principal Residence Deduction
Comments Off Mich on Mar 18th 2014
Generally, most of us want to sell our homes for as much money as possible so that we can comfortably begin a new chapter in our lives. According to USA Today, ‘green’ homes sell for up to 10% more than those that aren’t so environmentally friendly, but what’s the reason behind these statistics? ‘Green’ Changes [...]
3 Comments Mich on Oct 14th 2013
Filed under Growing Your Wealth,Investing,Real Estate
How Does the Property Market Affect the Stock Market?
There are so many things that affect the stock market, some of which may be obvious, while others are not quite so visible. Typically, any movement in oil prices, inflation rates, employment rates or interest rates will affect the stock market. Additionally, wars, company mergers, company buy outs, bad company reports and natural disasters affect [...]
Comments Off Mich on Oct 4th 2013
This is a guest post written by Juliana Weiss-Roessler. Buying real estate can be a risky endeavor, but if you do your research and invest wisely, it can really pay off in the long run. Buying a stable property and renting it out can give you a good source of additional income for relatively little [...]
2 Comments Mich on Sep 4th 2013
Filed under Financial Freedom,Growing Your Wealth,Real Estate
Unraveling the Secret to Building Wealth
The following staff post is by Greg Johnson. Pssst….Hey you!…Yeah you!…Come closer…I’ve got a secret to tell you. It’s a secret that can change your financial life forever. I’ve unlocked one of the biggest secrets to building personal wealth, but we’ve got to keep it down. We don’t want “them” to hear us. Shhhhh… If [...]
32 Comments Greg Johnson on Jan 7th 2013
The following is the first staff post by Greg Johnson. Please join me in welcoming him to the site! When people use the term “investing,” they are usually talking about investing money in the stock market. Whether that is through the purchase of single stocks, mutual funds, or retirement accounts, their idea of investing is [...]
34 Comments Greg Johnson on Oct 15th 2012
With interest rates so low right now, it seems like a great time to buy a house. And it can be, but you need to make sure that you are aware of everything you can be going in. This means really being sure that the house is for you, even beyond the open house. You [...]
19 Comments Guest on Jul 26th 2012
