by admin | Jul 16, 2016 | Tax tips
In the previous blog, we talked about the tax implication on claiming CCA on the rental property and time value for the tax savings. As situations may vary from individuals, all factors should be carefully taken into consideration before a decision is made. One of the...
by admin | Jun 21, 2016 | Tax tips
Yeah! It is a wedding season.Brides and grooms are busy planning the wedding ceremony and reception. These days, as Wedding reception venue booking gets more expensive, family financial support becomes critical in the process for a lot of newlyweds.Generally, those...
by admin | Jun 7, 2016 | Tax tips
Plan your tax before the income tax time. It’s always beneficial for individuals to think through lots of issues before nailing down the property investment transactions. Today, investing a rental property becomes a hot topic conversation these days. But is it...
by admin | Jun 5, 2016 | Tax tips
A client phoned in and told us his transaction over-the-counter in RRSP account has been flagged as non-qualified investment by his discount broker and the CRA may impose penalties. Calm Down Today, a lot of investors have enjoyed the flexibility and freedom in their...
by admin | May 30, 2016 | Tax tips
We are talking about tax planning again today. People forget about the planning part after filing their taxes in 2016. If you can plan it ahead and execute it properly, it may save you a lot of money. One of tax planning strategies is income splitting. How income...
by admin | May 16, 2016 | Tax tips
In early 2016, Toronto Real Estate Board has reported that a substantial 20 per cent increase compared to 5,032 rentals reported in Q4 2014.The real esate experts expect rent growth to remain strong in 2016. What a great year for a lot of investors owning the rental...
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